Showing posts with label hebron. Show all posts
Showing posts with label hebron. Show all posts
Where the oil is: Drilling under the world's toughest conditions
Saturday, March 14, 2009 | Labels: hebron, hibernia, labrador, newfoundland, oil, white rose | 0 comments »
N.L. housing prices jump as Hebron signed
Thursday, August 21, 2008 | Labels: hebron, housing, labrador, links, newfoundland, oil, st. john's | 0 comments »
In a new subdivision in the area, real estate agent Charlie Harris told CBC News houses there would jump in price after the Hebron deal was signed Wednesday. One house was on the market Wednesday, the same day the deal was signed, for $280,000.
"This house will be $320,000 or $325,000 probably after today," Harris said Wednesday. "Every house in the subdivision will go up by $50,000 to $60,000."
"This house will be $320,000 or $325,000 probably after today," Harris said Wednesday. "Every house in the subdivision will go up by $50,000 to $60,000."
Newfoundland Secures $20B in Royalties; 3,000 jobs in Hebron Oil Deal
Wednesday, August 20, 2008 | Labels: hebron, labrador, links, newfoundland, oil | 0 comments »
(CEP News) - The province of Newfoundland and Labrador is expected to reap up to $20 billion in royalties and more than 3,000 jobs as part of the Hebron offshore oil field project, the details of which were announced Wednesday.
At a press conference in St. John, Premier Danny Williams said construction could begin as early as 2010 with a 2016 start-up date for the $6 billion project. More than 700 million barrels of oil is expected to be generated over the 25-year life of the project. The province has secured a 4.9% equity stake in the project.
At a press conference in St. John, Premier Danny Williams said construction could begin as early as 2010 with a 2016 start-up date for the $6 billion project. More than 700 million barrels of oil is expected to be generated over the 25-year life of the project. The province has secured a 4.9% equity stake in the project.
Hebron deal could come this week, sources say
Monday, August 18, 2008 | Labels: danny williams, hebron, labrador, links, newfoundland, oil | 0 comments »
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