Gas Found Off Greenland


(Copenhagen, Denmark) Reportedly the first oil or gas discovery in the Arctic Region, British company Cairn Energy has announced it found gas off the western coast of Greenland.

‘Although we are at the very start of exploration in the basin, the discovery of gas in thin sands is indicative of an active hydrocarbon system,’ said the statement. ‘The well has not yet reached target depth.'

Cairn Energy has two offshore rigs currently operating in the previously undrilled Baffin Bay Basin. Test drilling began about a month and a half ago.

The gas was found in an area between western Greenland and Canada, and the discovery has already caught the eye of other oil firms, governments, and environmental organizations, including Greenpeace and the WWF, who are heavily protesting against the drilling being permitted.

It appears that the environmentalists are not concerned about drilling if nothing is discovered. But let something be discovered and then they protest. One could argue that they are opposed to any exploitation of natural resources.

Nevertheless, the find is good news for Greenland, Denmark and, logically, Canada which holds dominion over territory adjacent to the gas find.