Regional Benefits

 

With today’s conflicts and concerns, the energy industry is often put into a bad position. There are often many risks associated with dealing with certain parts of the world. The Arctic offers great hope for the future of the energy industry, along with all of mankind. The following are just some of the benefits:

 

  • Immediate control of what might turn out to be the free world’s

largest hydrocarbons resources.

 

  • Vast area, 80 million acres.

 

  • No people are living on the Arctic Ocean.

 

  • Close to US and can be controlled and managed from US bases.

 

  • Never-ending supply of super-giant oil and gas prospects to drill.

 

  • Low geological risk.

 

  • No Prospect bidding war.

 

  • No multibillion dollar prospect access rights fees.

 

  • No corruption.

 

  • No expropriation as soon as it begins operating, as in the case of

Sakhalin, Bolivia, Venezuela, Ecuador etc.

 

  • Less onerous tax regime.

 

  • No onerous government Production Sharing Agreement (PSA),

taking nearly all the profits to the state.

 

  • No overly onerous environmental bureaucracy.

 

  • New technology means Arctic extraction and shipping is viable

today.

 

  • Direct shipping access to all world markets.

 

  • Possibility of Free-flowing oil and gas; No need to spend huge

capital amounts on equipment to mine difficult tar sands or oil

shale.

 

  • No artificial government-imposed time constraints.

 

  • No extreme wave weather such as Gulf of Mexico hurricanes and

North sea rogue waves to destroy expensive production platforms.

 

  • Only 6 feet thick, wave moderating sea ice.

 

  • No petty criminals stealing from oil pipelines.

 

  • No wasting money on small prospects. Only drill the super-giant

prospects for the first 10-20 years.

 

 

 

 

This Website may contain forward-looking statements which are pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, risks associated with oil & gas exploration, risks of governmental legislation and regulation, risks associated with dependence on third parties, risks relating to international operations, delays in testing and evaluation of products and risks associated with competition.  This Website and the contents herein is not intended to be and is not an advertisement for any securities of the company.  Copyrighted Arctic Oil & Gas Corp.. 2008



 

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