f Greenland – Petroleum Potential, Ongoing and Future Exploration

A011 Greenland – Petroleum Potential Ongoing and Future Exploration F.G. Christiansen* (GEUS) SUMMARY EAGE 69 th Conference & Exhibition — London UK 11 - 14 June 2007 A high stable oil price political instability in many oil-producing regions in the World and relatively close distances to western markets has given a growing interest from many supermajors and majors for exploration in the Arctic and other high latitude areas including both West and East Greenland. In recent years exploration focus in Greenland has mainly been on central West Greenland with several licensing rounds but activities in the coming years are likely