the drawing board looking at prospecitivity further to the north of the initial area of interest. This new-thinking prompted two wells in basalt covered areas. The first of these, with Statoil as the operating [...] operating company, was a dry hole. The William Prospect with BP as operator is set to spod later this year. It will be interesting to see what the William well might uncover. In the meantime the Faroese [...] some comfort in the fact that the UK Rosebank discovery operated by Chevron seems to be a success. This could mean a lot to the prospectivity on the Faroese side and it will in any case mean that an in

Faroes and the UK. A dual tax agreement has now finally been agreed between the two countries, and this will probably increase the interest to work and operate in the Faroes The issue is very often raised; [...] have to be taken regarding the tax systems in two countries, the chain has simply come off the bike. This is the situation the international oil companies have been facing, if they intended to operate in [...] the Faroes. The taxation system has been quite unclear and for many oil companies based in London, this unclear situation has created problems. The new taxation agreement however has turned things around

Chairman of the Board, AP ------ The last year has shown very strong growth in Atlantic Petroleum, AP. This is well reflected in the trust shown by investors and the markets in the AP share. An investor that [...] offers in 1998 and 1999 would be able to cash a return of around 110 thousand DKK if he sold his shares this year, a healthy return by any standard. The company was founded with a share capital of DKK 25.5 million [...] above 1.2 billion DKK in the last months The Company is still strongly rooted in the Faroe Islands. This has been an overarching principle in the Company’s strategy and it has been shown to be a strong

Faroe bidding round have begun and according to plan this will happen later this autumn. It is too early yet to say anything about the interest for this third round, but based upon the activity level, which [...] imported oil and app. 95% of our oil consumption is achieved by imported oil. If we are to change this situation, we must to a much greater extent revert to sustainable energy resources and we must also [...] energy consumption derives from sustainable energy resources. The project was taken a step forward this spring, when foreign energy companies decided to become members of a project group together with our

Thnks Fr Th Mmrs? Lil Mama: ?Lip Gloss? T-Pain: ?Buy You A Drank? Timbaland: ?The Way I Are? Mims ?This Is Why I´m Hot? Plain White T: ?Hey There Delilah? Rihanna: ?Umbrella? Shop Boyz: ?Party Like A Rock

tá hann rópti; "Are you ready to rock??" Og tá hann síðani rósti fólkinum og staðnum og segði, at; "This is breathtaking", og tað í staðin ljóðaði sum "breasttaking". Skemtilig og sjarmerandi!). Sum heild

grønlendska flagginum, veittraðu hátt, meðan Björk rópti: » Declare Independence, Don?t let them do this to you. Raise the flag higher and higher«. - Meðan Björk spældi, var ordiligt lív í fjøldini, og man

another. Bordeaux, Bydgoszcz, Hong Kong and Japan have probably been my most memorable trips. But this is now my number one, best ever trip. And I don't say that lightly, verður sligið fæst. Onkur umrøður [...] var talan um ein lortatúr. – I went for 5 days in 2002 and thought it was pretty shite. A day trip this time and it was a belter, although I do think I missed out on seeing how Torshavn had change, sigur

procedure for a team to tell its drivers to slow down when they have a substantial lead,? agreed the FIA. ?This is in order to minimise the risk of technical or other problems. It is also standard practice and

mín túrur var komin til audiens introduseraði umboðsmaðurin Onni Nystrøm soleiðis: ?Mister President this is my friend from The Faroe Islands, that I have told you so much about.? Vit heilsaðust so, meðan