Newfoundland saw a record lease commitment by ExxonMobil, Suncor and ConocoPhillips in the exploration hot spot of the Flemish Pass. Statoil and Husky brought in the West Hercules rig to drill two prospects and a Bay du Nord appraisal well - success could further propel the region into the limelight. To the south, two Nova Scotia farm-in agreements added to the companies seeking to open up a new deep water region in the Shelbourne Basin.
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Insight | Jan 2015
East Coast and Arctic Canada Upstream: 2014 in review
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