Old Harry drilling licence extended for environmental assessment
The oil exploration licence held by Corridor Resources to drill in the Old Harry oil field in the Gulf of St. Lawrence has been extended for one year.
The Canada-Newfoundland and Labrador Offshore Petroleum Board announced that the licence was extended to allow for completion of the environmental assessment of the proposed exploratory drilling project.
The C-NLOPB said in a statement it will announce plans for consultations with aboriginal groups and with the public at a later date.
The Board also said it has removed the requirement for a drilling deposit due to regulatory factors that delayed Corridor's efforts to drill in the final year of its nine-year licence.
Federal and provincial ministers of natural resources have ratified the extension under the Atlantic Accord legislation.
The licence was originally set to expire Friday.