UK oil firm Cairn Energy is getting together with Norway's Statoil to explore for oil and gas in Greenland.There are three stories that fascinate me: a) the Keystone XL story; b) the Greenland-Cairn story; and, c) the megaload story coming out of Idaho and Montana.
Cairn announced Monday that it has entered into a "farm down" agreement with Statoil for the Pitu block in the Baffin Bay Basin, west of Greenland.After a number of failed drill attempts to find hydrocarbons in Greenland, Cairn believes that Statoil's background of exploring for oil in the Arctic will improve its chances of success in the region.
They fascinate me because they have one thing in common. They seem to be the epitome of "never, never give up."
A fourth story fascinates me: The Ingenious Gentleman Don Quixote of La Mancha (Spanish: El ingenioso hidalgo don Quijote de la Mancha).
