• The Canada-Newfoundland and Labrador Offshore Petroleum Board approved ExxonMobil's plans to tap a 48.4 million barrel satellite field at its Hibernia oil project. This development should boost output at the field, which has been declining in the past six years. The regulatory documents indicate that ExxonMobil and its partners, including Chevron, Suncor, Canada Hibernia Holding Corporation, Murphy Oil, and StatoilHydro, will use the existing platform to produce oil from the block. Production from the AA block is expected to commence in 2010.
  • Contact Exploration announced plans to boost production for its Stoney Creek oil field in New Brunswick. This enhancement may result in an increased reservoir size and plans for workovers on two wells in the Hopewell Fairway. Contact also announced it intends to start seismic acquisition on the east flank of the Frederick Brook Prospect Block.
  • ExxonMobil, the operator of the Sable Offshore Energy Project ("SOEP"), has filed a notice letter stating that it is considering expanding the project by bringing in the Chebucto natural gas field. The Chebucto field is located offshore Nova Scotia, near the existing SOEP facilities, and supplies natural gas into the northeast seaboard areas of Canada and the United States. If the Chebucto development is approved by ExxonMobil, the first gas that could be produced would likely be in 2013.