Our Arctic Neighbors: Race on for Greenland oil and gas
Cairn’s second exploration well encounters oil in 1,312-foot section, confirms active, working hydrocarbon system in Baffin Bay
The race for oil and gas offshore western Greenland is off to a good start with the first explorer in three decades finding gas shows in its first two wells, and oil “intermittently” in a 1,312-foot section of the second well. The wells are in the iceberg-filled stretch of water between Greenland an....
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First well plugged and abandoned
Cairn selling India unit to raise funds
Keen interest from majors
Kerr says economic to develop at $75 oil
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