After analyzing technical data provided by the applicant, the C-NLOPB issued a Significant Discovery Licence (SDL 1058) to Equinor Canada Ltd. in October 2020, based on the Harpoon O-85 exploration well.

The C-NLOPB's interpretation of well and seismic data has resulted in an update to its reserves and resources table, with the addition of the Harpoon discovery in the 'Resources' section. The recoverable oil volume from the Harpoon discovery is estimated to be 40 million barrels.

Media Contact:
Lesley Rideout
Communications Lead
(709) 778-4224
(709) 725-2900 (cell)
lrideout@cnlopb.ca

Any reference in the News Release Archive to C-NLOPB e-mail addresses may have changed or been updated. All current e-mail correspondence with the Board contain @cnlopb.ca notwithstanding the address in the respective news release.
News Releases 2021
Date Update
2021, Jan 7 Update to Petroleum Reserves and Resources arising from the Harpoon Discovery

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C-NLOPB - Canada-Newfoundland and Labrador Offshore Petroleum Board published this content on 07 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2021 16:45:05 UTC