Saturday, March 22, 2008

Arctic Oil & Gas - A Manager of the Resources


Arctic Oil & Gas Corp. has confirmed "confirmed potentially vast "Arctic Commons" oil and gas deposits from geoscientific evidence. Prevalent deposits of what is known as the "Azolla Interval" have corresponded to Arctic finds in northern Alaska, East Barents Sea, and the South Karal/Yamal basins" as stated in Rigzone.com.


Recent estimates have found the "Arctic Commons" could contain the equivalent of more than 400 billion barrels of oil and gas as well as massive amounts of another potential energy source: crystallised methane and methane hydrates. This obvious massive opportunity to control probably the world's largest non-government controlled hydrocarbons resource has sparked a race amongst governments and control has begun to be given to a few of the world's major "Independent Oil Companies."


In parallel, some petroleum exploration companies are developing their share of the extensive "Arctic Commons" claims of what they anticipate to be one of the greatest oil and gas discoveries in history. Those companies expect their legal claims to a portion of the prospect to be developed in partnership with both major integrated oil companies and large independent exploration companies.


From the companies web-site we can gleam more information about these "Arctic Commons". The website states:


"An Exclusive Rights Claim to the Hydrocarbon Resources of the Arctic Oceans Commons was formally lodged by the Company and its partners with the United Nations and the five Arctic countries on May 9th 2006.

The Company intends to operate as the ”lead manager“ tasked to create a multinational joint venture consortium of major oil companies, whose technology and managerial expertise will be vital to recovering the oil and gas from the harsh, deep waters of the Arctic in an environmentally safe manner."


Now this raises several questions from the five countries that border the Arctic. Canada, the U.S., Denmark, Norway and Russia - how will these countries deal with the claim and position of Arctic Oil & Gas? Is Arctic Oil & Gas actually making a gamble (they are based in Las Vegas, Nevada) that they will be brought out by potentially larger suitor (such as an ExxonMobil, OAO Gazprom, StatOilHydro, Petro-Canada) or is their logic justified in being a "lead manager" of the resources?


Should the north be developed based on a marketplace model, such as the one being proposed by this company? Or should it be developed and maintained, much like the Antarctic is currently - a land with no ownership and met for the betterment and knowledge of mankind and his/her understanding of the environment we call home?


Joint Ventures are common in the oil industry, royalties are as well, and so is working in disputed and far offshore areas. Nations and companies have worked together in some of the most remote locations - so why change the model?


Does Arctic Oil & Gas offer a new idea to an old problem of how do individual nations share resources and the potential wealth that follows. Remember though, that even with wealth, there comes problems and sometimes distribution of the wealth is not equal. Take a look at Nigeria or the early oliegarchies when the former Soviet Union broke up - a few became wealthy, the majority did not.


Some things to watch and this will be an interesting story to see how it plays out.

42 comments:

Anonymous said...

Hello I just entered before I have to leave to the airport, it's been very nice to meet you, if you want here is the site I told you about where I type some stuff and make good money (I work from home): here it is

Anonymous said...

nice!!!~..................................................

Anonymous said...

A good medicine tastes bitter. .........................................

Anonymous said...

巨乳巨奶女優大奶性交性愛淫蕩淫慾淫亂淫婦淫妹淫叫淫水淫女情慾情色做愛限制級波霸口交18禁貼圖寫真視訊援交露點爆乳潮吹裸體裸照裸女愛愛無碼尋夢

Anonymous said...

日本免費視訊聊天日本情色論壇 浪漫月光論壇爆乳娘影片我愛78論壇情色情趣 商品我愛78影片我愛黑澀會美眉走光照片打手槍拓網視訊交友拓網視訊交友34D一本道 a片 東京熱免費成人影片觀賞一本道 a片 東京熱av免費影片一本道 a片 東京熱avdvd影片一對一視訊辣妹妹影音視訊聊天室一對一視訊聊天一對一視訊一對多美女視訊淫美色論壇浪漫月光論壇成人視訊桃園視訊 成人網頁柔情聊天室柔情聊天網松島楓免費影片東洋成人杜雷斯免費影片本土自拍天堂34c寶貝視訊本土自拍貼圖 成人網頁月光論壇日本情色論壇 日本免費視訊聊天日本免費視訊日本視訊聊天室日本視訊日本美女寫真集 kk視訊日本美女名模寫真集av桃園兼職援交辣妹視訊桃園援交小魔女自拍天堂浪漫月光論壇影片下載區浪漫月光論壇85cc成人影片區

Anonymous said...

看到大家都留言-我也忍不住說聲---加油.........................

Anonymous said...

放棄者不會勝利,勝利者永不放棄。 ....................................................

Anonymous said...

很用心的blog,推推哦 ........................................

ImogeneL22211 said...

打炮自拍貼圖夫妻自拍片成人無碼片線上看18限成人影片甜心寶貝貼影區都都成人貼圖站都都成人網都都貼片區都都貼圖站都督成人貼圖都督情色網野求拳陰莖套陰道貼圖陰道遊戲最女優最性感美女遊戲最新av女優無碼都都成人貼片都都成人區都都成人往聊一夜情聊天,ut聊天男 聊天室聊天室男同志莉的遊戲處女免費處女男喜歡人少年阿賓系列小說言情小說免費線上閱讀 色情影片成人貼圖站

Anonymous said...

卡爾.桑得柏:「除非先有夢,否則一切皆不成。」共勉! ....................................................

Anonymous said...

Judge not a book by its cover...................................................

Anonymous said...

青春一逝不復返,事業一失難有成。.............................................

BeauMiddleton11淑君 said...

A friend to everybody is a friend to nobody..............................................

嘉穎 said...

睇完之後覺得有d頓悟..感謝分享.........................................

Anonymous said...

一棵樹除非在春天開了花,否則難望在秋天結果。......................................................

冠宛君中 said...

Use a book as a bee does flowers. ............................................................

Anonymous said...

錢,給你帶來歡愉的日子,但不給你帶來和平與幸福 ..................................................

俊貴 said...

you‘re so smart!............................................................

季玉 said...

Where did you purchase this product?.............................................................

Anonymous said...

死亡是悲哀的,但活得不快樂更悲哀。.................................................................                           

Anonymous said...

閒來無聊逛逛blog~~跟您打聲招呼~~.................................................................                           

Anonymous said...

成熟,就是有能力適應生活中的模糊。.................................................................

Anonymous said...

人生是故事的創造與遺忘。............................................................

Anonymous said...

支持你就對了!..................................................................

Anonymous said...

路過留言支持~~~..................................................................

Anonymous said...

期待你的下次更新喔^____^..................................................................

Anonymous said...

I have nothing to offer but blood, toil, tears and sweat..................................................................

Anonymous said...

唯有穿鞋的人,才知道鞋的哪一處擠腳............................................................

Anonymous said...

人生都有不如意的時候~ 但你的BLOG帶給大家愉快的心情..................................................................

Anonymous said...

Prevention is better than cure.............................................................

Anonymous said...

來給你加油打氣!!............................................................

Anonymous said...

Many a little makes a mickle..................................................................

Anonymous said...

做些小善事,說些愛的字句,世界更快樂。..................................................

Anonymous said...

Never put off till tomorrow what may be done today..................................................................

Anonymous said...

一個人的價值,應該看他貢獻了什麼,而不是他取得了什麼....................................................

Anonymous said...

學而時習之,不亦樂乎˙ω˙............................................................

Anonymous said...

真正的朋友不會把友誼掛在嘴巴上......................................................................

Anonymous said...

單純喜歡你的部落格 留個言跟您問聲好~~...............................................................

Anonymous said...

No pains, no gains.......................................................................

孫邦柔 said...

困難的不在於新概念,而在於逃避舊有的概念。......................................................................

Anonymous said...

朋友是一面鏡子......................................................................

Pradeep Singh said...

http://xantaplus.blogspot.in/2015/08/the-debtors-gang-mrs-oil-gas-owes-fcmb.html