contents The Economy 2001
Major Projects
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Project Capital Cost ($Millions) Start/End Date Zone Comments/Location
Garden Hill Oil & Gas Development   5.0-10.0 2001 9 & 19 Canadian Imperial Venture Corp. - figures cover the company’s 2001 budget and include drilling, seismic data collection and production battery. (Port au Port & St. John’s)
Terra Nova Oil Development   2,500.0  1997/01 N/A Terra Nova Project - expenditures cover the pre-production phase of the development. Includes the construction of the production vessel and topsides for the vessel; excavation of glory holes; drilling; fabrication and installation of subsea system; and hook-up and commissioning of vessel. Owners have indicated recently that costs could increase by up to 15% above stated value. (Various locations)
White Rose Oil Development   1,769.0 2000/04  N/A Husky Oil Limited and Petro-Canada - figures are pre-production capital only. Includes the construction of production vessel and modules for vessel; excavation of glory holes; drilling; fabrication and installation of subsea system; and hook-up and commissioning of vessel. Figures in constant 2000 dollars. (Various locations)

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Major Projects
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