Concessions in Western Newfoundland

Western Newfoundland Blocks

With the Hunt well success there has been speculative staking of the Shelf Sequence areas of the West Coast. This preliminary rush was solely based on correlating Hunt's discovery well with the "Shelf Sequence" on the following General Geology map. Obvious geochemical lessons from Hunt's discovery have escaped the frivolous speculators, whose vague exploration programs usually guarantee failure. Their dry holes will then discourage serious exploration. These inexperienced adventurers need an experienced company to farm in and find them oil. This oil province is now ripe for knowledgable exploration. Locals can acquire prime acreage faster and at better terms than foreignors.

There will be many discoveries outside the blocks already taken. Exploration here is newborn and disorientated. There are still great opportunities to participate in or acquire lucrative concessions. Let the armchair explorers read about your work in Oil & Gas Journal.

WESTERN OFFSHORE BLOCKS Feb. 10, 1998
Licence	Interest Holders(% Ownership)		Representative
EL 1008	Vinland Petroleum Inc.	100.0	Vinland
EL 1021	Newfoundland Hunt Oil Company Inc. Mobil Oil Canada Properties	100.0* 100.0*	Hunt Oil
EL 1028	Newfoundland Hunt Oil Company Inc. PanCanadian Petroleum Limited Mobil Oil Canada Properties	37.5 37.5 25.0	Hunt Oil
EL 1029	Newfoundland Hunt Oil Company Inc. PanCanadian Petroleum Limited Mobil Oil Canada Properties	37.5 37.5 25.0	Hunt Oil
EL 1030	Newfoundland Hunt Oil Company Inc. PanCanadian Petroleum Limited Mobil Oil Canada Properties	37.5 37.5 25.0	Hunt Oil
EL 1031	Imperial Venture Corp.	100.0	Imperial Venture

Newfoundland's West Coast Oil Concessions

Western Offshore Concessions

Oil Seeps & Wells

General Geology