EXPLORATION RIGHTS FOR OIL & GAS ON WEST AND EAST GREENLAND
Nordic Petroleum ASA can now inform that the the company officially has obtained through it’s subsidiary company Grønland Resources Company AS exploration rights for Hydrocarbons (oil and gas) on land in the West and East Greenland. The exploration rights include the land area in West Greenland bordering south of 78ºNorth and West for 44ºW. The exploration rights in East Greenland border south of 75ºNorth and East for 44ºW. Both area’s are referenced by World Geodetic System Datum 1984(WGS/84). The area is also known as Disko/ Nussuaq.