Fugro NPA's Offshore Iceland SAR Seep Study

Fugro NPA has acquired a satellite Synthetic Aperture Radar (SAR) study of the Dreki licensing area in which potential seeps have been identified. SAR seep detection is a proven technique for mapping oil seeps and can provide the first indication of the existence of black oil petroleum systems. These are very important results, since one of the critical factors to success in undrilled deep water settings is source presence and maturity.