Project Profile
Value: US$100-150 million (estimate)
Location: approximately 250 km east of St. John\'s, Newfoundland and Labrador projects, offshore , Canada
Start-up: 2018-2020
ExxonMobil Canada Ltd. is proposing to conduct an exploration drilling project within offshore exploration licenses located in both the Jeanne d’Arc Basin and the Flemish Pass Basin, approximately 250 km east of St. John’s, Newfoundland and Labrador. The Eastern Newfoundland Offshore Exploration Drilling Project would include the drilling of wells within a 12-year period, starting in 2018. The project would allow ExxonMobil to determine the presence, nature and quantities of the potential hydrocarbon resource. At the moment the Canadian Environmental Assessment Agency is making funding available to assist with participation in the environmental assessment of this project.
Operator:
ExxonMobil Canada Ltd