The Canada Newfoundland and Labrador Offshore Petroleum Board (CNLOPB) has announced two concurrent lease sales about 300 miles east of the coast of Newfoundland. A total of three tracts in the Jeanne d'Arc basin will be made available in the sales. Lease Sale NL10-02 will feature two blocks which total just over 800,000 acres and Lease Sale NL10-03 will feature a single tract of 9,323 acres. Calls for bids on both sales will close 30 November 2010.
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