Atlantic Canada Offshore Press Conference at OTC 10:00 a.m. Tuesday, May 6, Reliant Center, Houston - WJTV News Channel 12

Atlantic Canada Offshore Press Conference at OTC 10:00 a.m. Tuesday, May 6, Reliant Center, Houston

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SOURCE Canadian Consulate General

HOUSTON, May 2, 2014 /PRNewswire-USNewswire/ -- New seismic surveys, new offshore basins, exploration programs and calls for bids in Canada's Atlantic Offshore will be highlighted at the Canadian OTC press conference at 10:00 a.m. Tuesday, May 6 at Reliant Center, Houston.

The press conference features the Hon. Tom Marshall, Premier, Province of Newfoundland and Labrador, and the Hon. Andrew Younger, Minister of Energy, Province of Nova Scotia.

Newfoundland and Labrador is home to three producing offshore oilfields - Hibernia, Terra Nova, and White Rose. The province is positioned for growth with the sanctioning of the Hebron development and an agreement to advance the White Rose Extension Project. The discovery of oil in frontier areas like the Flemish Pass Basin, the delineation of three new basins in offshore Labrador, and the implementation of a new scheduled land tenure system all are increasing interest in Newfoundland and Labrador's offshore.

Nova Scotia's second offshore gas project, Deep Panuke, began production in mid-2013 and currently is producing 300 mmcf/d. Shell completed 10,000 square kilometers of 3D seismic last summer and BP will begin a 2-year program to acquire 14,000 square kilometers of 3D seismic this spring. Several proposals to export LNG from Atlantic Canada are under discussion. Nova Scotia is also eyeing new funding for additional geoscience, building on the province's successful Play Fairway analysis.

The OTC press conference room is 108D, near the entrance to Hall D in Reliant Center lobby.

Contacts for media in Houston during the Offshore Technology Conference 2014:

Nova Scotia
Sandy MacMullin

Newfoundland and Labrador
Milly Brown

Consulate General of Canada
Henry Wells 214-837-7207

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