Hibernia JV wins extra time to evaluate second reservoir

摘要

The Hibernia consortium has received a nine-month extension to evaluate a second reservoir in the offshore Newfoundland field,which offers the best hope of prolonging Hibernia's production life.The Canada-Newfoundland Offshore Petroleum Board (CNOPB) confirmed Jan 21 that the ExxonMobil-led partners have until June 30,2005,to drill in the Ben Nevis/Avalon reservoir.