Hebron tow-out ceremony set for April 18

The massive oil production platform that willpump crude from the Hebron oil fieldin Newfoundland's offshore could be towed out of Trinity Bay by the end of April.

ExxonMobilhas confirmed there will be a tow-awayceremony for the gravity based structure on April 18 at the construction site in Bull Arm.

The actual towout could begin less than two weeks after that, with first oil on track by the end of 2017.

About 3,700 jobs were created during the building of the platform.

The Hebron oil field is located in the Jeanne d'ArcBasin, 350 kilometres southeast of St. John's.

First discovered in 1980, it has an estimated 700 million barrels of recoverable reserves.