Newfoundland and Labrador proceeds with phase II review of current offshore oil and gas interests

“As we look to the province’s future, it is reasonable to look at the assets of the province and determine their potential. That is why we have decided to proceed with Phase II of the review of the province’s offshore oil and gas assets. It is important to note that no decisions regarding any of the province’s assets have been made at this time.”

Honourable Siobhan Coady- Deputy Premier and Minister of Finance