Anne Marie prospect; into UKCS Southern North Sea Block 48/1a where Dana will earn a 40% interest; as well as a multi-block swap in Norway with Det Norske Oljsekap. Each of these commercial transactions has

closer attention, although the appraisal well drilled in UK sector this summer did not warrant a drill stem test of the hydrocarbons found. Furthermore, the Agip well to be drilled next summer will give further [...] special feature of the Faroese licensing regime that Parliament has to approve the area on offer as well as the general terms and conditions of the licenses. Therefore, the time span from the moment work [...] Faroes than in neighbouring countries. Conclusion In conclusion it must be said that the first 3 wells drilled in Faroese territory have lead to a variety of results. Disappointments and high hopes have

fóru upp at skeldast, og endin var at Noel rýmdi til hús. Í løtuni spælir guitaristurin hjá Paul Weller, Matt Deighton, í hansara stað. -Eg havi tey seinastu sjey árini gjørt alt hvat eg eri mentur, fyri

Streymoynna og Eysturoynna enn meira. Aftrat hesum verður eisini alternativur flogvøllur umrøddur. Well, tað er gott at hava visjónir og hyggja langt inn í framtíðina. Spurningurin er sjálvandi, hvat vit

færri enn tvey bløð í stóru støddini. Umframt Dimmu so eisini Fregnir, sum var fyri blaðdeyðanum. Well, hetta er so gongdin og hana mugu vit so liva við. Harða kappingin á okkara lutvíst lítla blaðmarknaði

Vit mugu tí siga sum maðurin á sinni: nú er well! Kjak er gott, og at stríðast fyri politiskum sjónarmiðum er gott, men tað skal valdast. Ríkisfelagsvongurin í løgtinginum eigur at taka fullan lut í g

samgongu. Tann drivni taktikarin løgmaður er fullgreiður yvir hesa støðu. Ódemokratiskt sigur andstøðan. Well, løgmaður er ikki samdur. Hann er fyrst og fremst valdur at tryggja sínum veljarum mestu maktina.

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for the company. BP?s disappointment with its first well drilled a year ago in its Faeroes block is well known. ?We?ve spent the time since the first well reassessing looking at our data together in the West [...] plenty there to interest oil companies. Three exploration wells in the region have now been completed and results studied, although the Amerada Hess well did produce oil shows. Although none produced a significant [...] non-executive chairman of local oil company Foroya Kolvetni, says: ?Having one find out of three wells in a frontier area is fantastic, and with more drilling the chances of a find will continue to improve

made a significant oil and gas discovery at its offshore Rosebank/Lochnagar well (213/27-1Z) in the Faroe-Shetland Channel. The well, located in 1,100m of water and completed on August 30th 2004, encountered [...] ranging from 27-36 degrees API. Non-associated gas was also encountered in the shallower reservoir. The well, which was not tested, has been plugged and abandoned at a total depth of 3,607 meters. Further drilling