In June, after this legislation was tabled, teams from 10 major oil and gas producers were poring over data that was tabulated for all 37 parcels of land. They were preparing their bids. Industry sources told me that 10 companies were preparing bids. When this legislation was tabled, the interest waned.
Why are you trying to kill Newfoundland and Labrador's offshore oil and gas industry with the fear and instability that this legislation is presenting to our producers?