HC Deb 19 July 1976 vol 915 c333W
23. Mr. Viggers

asked the Secretary of State for Energy if he will provide an estimate of the cost of the BNOC's share in the appraisal and exploration of those blocks proposed for licensing in the fifth round consultative document.

Dr. J. Dickson Mabon

The cost of BNOC's contribution to exploration and appraisal in licences issued under the fifth Round will depend on two factors: the response to the offer of licences and the drilling obligations agreed with successful applicants. These are variable factors and an accurate estimate is not possible.