Archived - 2011-2012 Beaufort Sea & Mackenzie Delta

Table of Contents

• Winning Bids
• Call for Bids
• Call for Nominations

Winning Bids

Results of the 2011-2012 Call for Bids:
Beaufort Sea & Mackenzie Delta

Date of results posting: September 11, 2012

The Minister of Indian Affairs and Northern Development hereby gives notice of the bids which have been selected in response to the 2011-2012 Beaufort Sea & Mackenzie Delta Call for Bids. Bidding closed on September 6, 2012 and successful bids were received for all parcels totaling $7,506,528.00 in work proposal bids. In accordance with the requirements set out in the 2011-2012 Beaufort Sea & Mackenzie Delta Call for Bids, the following bids have been selected:

Map indicating Winning Bids   (384 Kb)

Parcel BSMD2012-01 (134,142 hectares, more or less)
Work Proposal bid: $1,251,088.00
Work Deposit: $312,772.00
Issuance Fee: $1,750.00
Bidder(s): Franklin Petroleum Limited 100%
Designated Representative: Franklin Petroleum Limited
Exploration Licence: EL488

Parcel BSMD2012-02 (93,483 hectares, more or less)
Work Proposal bid: $1,251,088.00
Work Deposit: $312,772.00
Issuance Fee: $1,500.00
Bidder(s): Franklin Petroleum Limited 100%
Designated Representative: Franklin Petroleum Limited
Exploration Licence: EL489

Parcel BSMD2012-03 (99,324 hectares, more or less)
Work Proposal bid: $1,251,088.00
Work Deposit: $312,772.00
Issuance Fee: $1,750.00
Bidder(s): Franklin Petroleum Limited 100%
Designated Representative: Franklin Petroleum Limited
Exploration Licence: EL490

Parcel BSMD2012-04 (201,101 hectares, more or less)
Work Proposal bid: $1,251,088.00
Work Deposit: $312,772.00
Issuance Fee: $2,500.00
Bidder(s): Franklin Petroleum Limited 100%
Designated Representative: Franklin Petroleum Limited
Exploration Licence: EL491

Parcel BSMD2012-05 (187,200 hectares, more or less)
Work Proposal bid: $1,251,088.00
Work Deposit: $312,772.00
Issuance Fee: $1,500.00
Bidder(s): Franklin Petroleum Limited 100%
Designated Representative: Franklin Petroleum Limited
Exploration Licence: EL492

Parcel BSMD2012-06 (190,650 hectares, more or less)
Work Proposal bid: $1,251,088.00
Work Deposit: $312,772.00
Issuance Fee: $1,500.00
Bidder(s): Franklin Petroleum Limited 100%
Designated Representative: Franklin Petroleum Limited
Exploration Licence: EL493

The work proposal bid represents the amount of money which the bidder intends to spend exploring the land parcel during Period 1 of a nine-year licence. Winning bidders who submit work deposits representing 25% of their work proposal bid will be eligible to receive an exploration licence. View the proposed exploration licence for the 2011-2012 Call for Bids.

Further Information may be obtained by contacting:

Oil and Gas Management Directorate
Northern Oil and Gas Branch
Aboriginal Affairs and Northern Development Canada
OTTAWA ON K1A 0H4
Telephone: 819-997-0877
Fax: 819-953-5828
Email: Rights@aandc-aadnc.gc.ca

Call for Bids

Date of launch: April 28, 2012
Closing date: September 6, 2012

Call for Nominations

Date of launch: February 28, 2012
Closing date: April 11, 2012