Exploration initiatives over the past 4 years have led to renewed interest in exploration in the Slope and Deep Water Regions of the Flemish Cap and Labrador Sea areas, offshore Newfoundland and Labrador, Canada. New multi-client regional 2D seismic surveys (2011-2014) guided by satellite slick mapping have led to approximately 80,000 line kms of long offset, broadband 2D seismic data acquired in areas where possible hydrocarbon seepage and new exploration leads suggest working petroleum systems (likely oil) in unexplored frontier basins. Commonly these are areas with limited or no seismic data coverage prior to these surveys. The goal for this phase of data acquisition was to provide new data to better understand the petroleum potential of these frontiers. In conjunction with the seismic data acquisition, Nalcor Energy has initiated a number of important geoscience studies to build on this new knowledge base and help to de-risk exploration in these areas. These regional studies include met-ocean, biostratigraphy, seabed coring and geochemistry projects as well as regional geopressure and rock physics studies. These studies aim to assist in providing foundational insight to the regional operational and subsea risks, as well as reasonable insight into the observed AVO effects within Tertiary and Cretaceous fan complexes that are imaged in the new seismic data. In addition, a multi-year, multi-client Controlled Source Electromagnetic (CSEM) survey by EMGS started in 2014. This CSEM survey has calibrated the EM inversions to the existing discovery wells and old dry holes in the Flemish Pass Basin and covered interesting leads and prospects on the 2015 Call for Bids area of the basin. The results of these initiatives are in the process of being integrated into identification of leads and prospects that will ultimately become the basis of a regional resource assessment that begins its first phase in mid-2015. This integrated approach to regional exploration data collection will act as a template for future work in other Newfoundland and Labrador offshore areas