1 / 3

Iceland Exploration for Oil and Gas

Iceland Exploration for Oil and Gas. Thorarinn S. Arnarson. The Dreki Licensing Area. The northern Dreki Area is part of the Jan Mayen Micro-Continent (JMMC) with indications of continental strata and suitable structures

thurston
Download Presentation

Iceland Exploration for Oil and Gas

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Iceland Exploration for Oil and Gas Thorarinn S. Arnarson

  2. The Dreki Licensing Area • The northern Dreki Area is part of the Jan Mayen Micro-Continent (JMMC) with indications of continental strata and suitable structures • Similarities to the middle East Greenland coast that is part of Greenland Licensing areas, the Møre- and Vøring Basins at the Norwegian coast, which are proven hydrocarbon provinces Jan Mayen Northern Dreki Area

  3. Started on 3 October 2011 Deadline for applications was 2 April 2012 Three applications received Eykon Energy Faroe Petroleum and Iceland Petroleum Valiant Petroleum and Kolvetni Evaluations of applications ongoing Aim to grant licences at latest at end of November 2012 Norway (Petoro) may participate as an active partner with up to 25% in any licence granted within the agreement area Second Icelandic licensing round – northern Dreki Area

More Related