Questerre wins Nova Scotia bid round for onshore Cumberland Basin exploration rights
Reuters2026/08/24 04:16- Questerre won the first bid round under Nova Scotia’s Subsurface Energy Research and Development Investment Program.
- Final-stage talks for a Petroleum Exploration Agreement covering onshore Cumberland Basin lands in northern Nova Scotia.
- Proposed deal would grant exclusive exploration rights for prospective oil and natural gas formations.
- Agreement would also allow commercial discoveries to move into development, subject to final terms.
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