Economic Development Laurence Skelly says he doesn't know when the government will choose a company to drill for gas off the Island's coastline.
He faced a question for written answer this week in Tynwald from Douglas East MHK Chris Robertshaw on the issue.
Mr Skelly said applications opened in July and will shut in November.
But he said he wasn't sure what date the winner would be announced because it would depend on how many companies apply.
College teams up with FSA
University College Isle of Man is teaming up with the Island's financial regulator to train people who want to work in business support roles.
Company researching cost of living on the Island
A market research and consultancy company is asking for your views on the cost of living.
Bank backs triathlon event
A local bank is to sponsor a triathlon event next month.
Shop local question in Tynwald this week
Does the Island need a "Buy Manx" campaign to support local businesses?
Blind firm gets new home
A local family business has moved for the first time in 32 years.
Cyber-safety advice issued for small businesses
The Island's Cyber Security Centre has issued safety advice to small businesses regarding cyber incidents.
Department for Enterprise hails grad fair success
The Department for Enterprise says more than 300 young people went to this year's Graduate & Young Professional Fair.
Major upgrade for private jet centre
Work has begun on a major upgrade to the Private Jet Centre at Ronaldsway Airport.
