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Thread: Signs Of Oil In Icelandic Territory Found

  1. #1
    Hundhedensk "Friend of Germanics"
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    Signs Of Oil In Icelandic Territory Found

    There is very strong evidence that there is indeed oil beneath the seabed in the Dragon Area, the northeast corner of Iceland's territorial waters, Norwegian and British prospectors have found.

    The Dragon Area has long been suspected to be rich in oil and natural gas, but until very recently, there was no conclusive evidence. The National Energy Authority now reports that Britain's TGS and Norway's Volcanic Basin Petroleum Research have found fairly conclusive evidence of the existence of oil.

    Researchers dug up about 200kg of rock samples from an undersea cliff in the area in September 2011. They found that "diverse sedimentary rocks of Mesozoic age (250 to 65 million years) were recovered. Prior to last summer no rocks older than 50 million years had been drilled or sampled in this area. Advanced geochemical analyses of the recovered sediments suggest active seepage of Jurassic oil and a working hydrocarbon system."

    The 2012 Icelandic Licensing Round for drilling in the area is coming soon, which could spell high bids from prospective drillers, not to mention oil revenue for Iceland. Those interested have until 1600 hrs. GMT on April 2 to apply.
    Source http://grapevine.is/Home/ReadArticle...erritory-Found

    I hope they put it to better use than we have, and that they won't open the flood gates for immigrants if Iceland becomes filthy rich.

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    Quote Originally Posted by Hersir View Post
    I hope they put it to better use than we have, and that they won't open the flood gates for immigrants if Iceland becomes filthy rich.
    That will largely depend on what they are going to do with the money. But from what I have read Iceland already has percentage wise a larger foreign born population then Norway.
    The sense of honor is of so fine and delicate a nature that
    it is only to be met with in minds which are naturally noble or
    cultivated by good examples and a refined education.
    - Sir Richard Steele

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    Senior Member Gugnir's Avatar
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    Someone better stick a pipe in it and throw a match down there and burn it up before they ruin Iceland with their damned drilling. It's what I would do, if I could.

    -Gugnir

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    Quote Originally Posted by Gugnir View Post
    Someone better stick a pipe in it and throw a match down there and burn it up before they ruin Iceland with their damned drilling. It's what I would do, if I could.

    -Gugnir
    LOL!

    Ok I think that would be a really Baaad Idea!

    Of course the up side is they could stop calling it "Ice Land" and Start calling it Green Land once the vegetation grew back.

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    The US and Nato MUST invade Iceland and restore democracy and depose the horrible Hitler wannabe who presently rules that poor island nation and is trying to build a nuclear weapon of mass destruction.
    Das Recht und die Gerechtigkeit haben nur selten miteinander etwas zu tun. Höchstens machen sie winki winki wenn sie aneinander vorbei gehen.
    The Law and Justice have only seldom anything to do with one another. At the most they wave at each other when they pass one another on the street.
    Niemals vergessen. Niemals vergeben.

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    Quote Originally Posted by Tom Schnadelbach View Post
    The US and Nato MUST invade Iceland and restore democracy and depose the horrible Hitler wannabe who presently rules that poor island nation and is trying to build a nuclear weapon of mass destruction.
    LOL!

    Now all we need to do is recruit some Icelandic Dude to fly a plane into the pentagon, so we can declaire "War" on them.

    Maybe we can paint an Arab white and dye his hair blond, as long as the media does not get a close up him we are cool.

    LOL!

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    Senior Member Hrafn Odinnsson's Avatar
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    Sounds like Island needs a good Nationalist party to counter the profiteers in conquest of greed!

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    Quote Originally Posted by Hrafn Odinnsson View Post
    Sounds like Island needs a good Nationalist party to counter the profiteers in conquest of greed!
    Indeed. Iceland must use this opportunity to stay out of EU, decline all foreign interests and immigration and continue fighting as the last sovereign European people.

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