Newfoundland and Labrador Premier Danny Williams speaks to CBC Radio Wednesday. (CBC)

N.L. Premier Danny Williams said he would "do it again tomorrow" when asked about an angry call he made to St. John's-based radio host Randy Simms on Tuesday.

"No regrets. I'm at a stage in my life and my career where, when people are misrepresenting facts or there is over-negativity when things are going well, then I am going to react," Williams told CBC Wednesday.

Williams phoned a private call-in radio show to criticize the host for being too negative, just hours after announcing the approval of a multi-billion dollar offshore oil project.

Williams says he was angered when host Randy Simms asked what he was going to do for the province's troubled forestry and fishing industries.

"It's irresponsible and reckless," Williams told Simms while on the air Tuesday. "We don't need that kind of crap and pessimism coming out of your mouth. I refuse to listen to pessimists like you and we are going to move forward despite you."

Williams announced the extension of the Hibernia offshore oil project Tuesday morning. It's estimated Newfoundland and Labrador will collect $10 billion more in royalties from the extension.

The extension, called Hibernia South, is estimated to contain about 230 million barrels of crude oil above and beyond the original estimate for the Hibernia project. The province has a 10 per cent equity stake in the extension.

Williams said his government will use that money to make the province's economy sustainable for generations to come.