The Old Harry site is located about 80 kilometres off the southwest tip of Newfoundland. "The Government of Canada recognizes the importance of the Gulf of St. Lawrence to Canadians and we acknowledge that stakeholders have concerns regarding environmental sensitivities." The petroleum board, which regulates Newfoundland's offshore oil industry, said its proposal would give it the time needed to conduct a review of drilling in Old Harry. The federal government has estimated that the Gulf and surrounding areas potentially hold 39-trillion cubic feet of natural gas and 1.5-billion barrels of oil. The Old Harry site is located about 80 kilometres off the southwest tip of Newfoundland.

Source: CBC News September 17, 2016 16:18 UTC