Orders in Council Database

Under the authority of section 25 of the Energy Corporation Act, the Lieutenant Governor in Council is pleased to authorize the Minister of Finance to execute and deliver a guarantee to the partners of the Hebron Development Project (Chevron Canada Limited, ExxonMobil Canada Properties, StatoilHydro Canada Ltd., Petro-Canada, and ExxonMobil Canada Ltd.), substantially in the form on file with the Clerk of the Executive Council, to secure Oil and Gas Corporation of Newfoundland and Labrador Inc.’s obligations arising from its acquisition of a 4.9% interest in the project.