We believe, as many others do, that the most prolific remaining conventional oil and gas resources are in the Arctic or sub-Arctic, because we've pretty much developed the geologies south, whether that's in the United States or whether that's in Europe or Asia,¯ Shell's CEO john Hofmeister said recently.
Something to gladden the heart of any oilman: New indications are that oil source rocks containing large percentages of organic rich sediments cover the entire Arctic Ocean seafloor. The Arctic Ocean Basin was once one great fresh water matted Azolla Fern rich pond, capturing untold billions of tons of organic sediments. There could be oil and gas in very large quantities.
Very large Sedimentary basins containing 2 mile thick sections of high organic content oil source rocks are indicated underlying the Deepest Arctic Abyssal area in the "Canada Basin" Region. Subsequent accumulations of sandstone and clay likely formed the appropriate seal to trap the hydrocarbons.
Numerous sub-basins with smaller potential oil-gas pools are present in the shallower abyssal areas within the now disputed Mendeleev Ridge area.
Azolla sediments horizons have been recorded in over 50 wells drilled around the Arctic Ocean margins, confirming the horizon is basin-wide.
The presence of
numerous large pockmarks on the seafloor with active hydrocarbon gas seeps coupled with the extreme
pressure of the Arctic Abyssal, indicates that much of the organic-rich source
rock has been through the oil kitchen, creating the many prolific methane seeps.
Thus oil and gas is likely trapped in
super-giant pools within the Arctic Oceans Commons area now controlled
by United Oil and Gas and its partners; including 30% equity holder, Arctic Oil
and Gas Corp., AOAG.PK .
The Arctic Commons Abyssal area is many times larger than Iraq and could contain significant hydrocarbons reserves, with none of the attendant, "Middle East" or Venezuela political risks.
According to the Wall Street Journal ; "Recent estimates have found the Arctic could contain the equivalent of more than 400 billion barrels of oil and gas and massive amounts of another potential energy source, crystallized methane', (methane Hydrates).
Only a modicum of human intellect is necessary to recognize the Energy Emergency facing the Civilized World and the clear opportunity to rectify it with carefully staged development in the Arctic Commons.
This obvious massive opportunity to control probably the world's largest non-government controlled hydrocarbons resources has just begun to occupy the minds in governments and at the management of the world's major "Independent Oil Companies", (IOC). The prize is so huge that it is taking some time for the IOC's to come to grips with the possibilities.
Meanwhile Russia moved to steal, or more likely block development of 20% of the resource potential with a bogus UNCLOS claim.
The US Government led by Senator Biden, is unwisely considering signing on to UNCLOS. (See United's stance on UNCLOS.) This would result in the gifting of America's future (Arctic-supplied) energy security and untold trillions of dollars in future UN resources taxes to a hostile and incompetent UN bureaucracy, the International Seabed Authority, (ISA). There are increasing calls to abandon the UN's International Seabed Authority, due to its complete failure to develop the world's oceanic minerals resources due in large part to a proposed insidious onerous taxation regime, resulting in continued untold misery for the world's poor, who are increasingly shut out by high energy prices & Equipment Financing.
NEW: The biggest energy story of all time. RECENT ARCTIC OIL NEWS
Recent estimates have found the Arctic could contain the equivalent of more than 400 billion barrels of oil and gas and massive amounts of another potential energy source, crystallized methane.
The Global Energy Emergency
USA and UNCLOS; United Goes to Washington
Letter to Editor of the Wall Street Journal. Aug., 23rd 2007 regarding bogus US EEZ map publication.
The UN thinks that cows are more to blame than cars for global warming.
|Not Enough Free enterprise||
A New Fairer Concept
Conversion to Methanol
If you represent a major oil company or Investment Group and are interested in either acquiring ownership-control and-or participating in developing the large undeveloped oil and gas resources in the Arctic, please contact us:
|RECENT ARCTIC OIL NEWS||Arctic Size|
|This is the symbol included in First Under the North Pole, the book about the USS Nautilus voyage, by Commander William R. Anderson. It depicts the submarine about to plant the American flag at the North Pole. It says, "The first time in history." Before that, however, American explorers had set foot on the pole.||
The USS Nautilus crossed the North Pole on
August 3, 1958.
Commanding Officer, CDR William R. Anderson, announced to the crew:
"For the world, our country, and the Navy - the North Pole."
UN Secret Agenda for Law of the Sea:
......"Incredibly, in the World Federation Association booklet, The Genius of Federation: Why World Federation is The Answer to Global Problems,¯ the group describes how LOST and the ICC are both important steps on the road to world government. It says that a world federation,¯ a euphemism for world government, can be achieved. One way, it says, is to advance step by step toward global governance, using the U.N¦.Let the U.N. establish new agencies such as an International Criminal Court (which can try individuals for violations of international law) or a U.N. Arms Control and disarmament Agency (which can set up a program for arms reduction with certification capabilities and punishments for individuals who try to defy it.¯ This booklet, undated but apparently written in the mid-1990s, goes on to say that An organization is already in the process of being developed to control the exploitation of ocean resources, and similar agencies could be created to govern Antarctica and the moon.¯ The WFA says that by adding more power, authority and functions to the United Nations, national sovereignty would be gradually eroded until it is no longer an issue.¯ .....
Oil and energy resources in general have defined national power for more than a century with both World Wars and many regional conflicts having a direct link to them. The Arctic Commons hydrocarbons resources represents a non-conflict source of energy resources, potentially for hundreds of years.
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