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.
Dental and beauty clinic wants to expand
Plans have been submitted to expand a dental and beauty clinic on Loch Promenade in Douglas.
Could you help transform Manx healthcare?
The Department for Enterprise is inviting people to come up with ways to transform healthcare.
New entries on Syrian sanctions list
The government says nine entries have been added to the UK's Syrian sanctions list, which affects the Island.
Island company wants to import medical cannabis
An Island company has submitted an application to be able to import medical cannabis from around the world.
Money laundering risks in insurance sector haven't changed
The money laundering risk faced by the insurance sector has remained unchanged over five years, according to a new report.
Interceltic Business Forum to visit Island for first time
The Isle of Man will host a business conference for the Celtic nations for the first time next year.
Corporate tax return deadline nears
The deadline for corporate tax returns is approaching next month.
Government consulting over corporate law updates
The government's launched a public consultation on plans to update corporate laws.
