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Mackenzie Delta/Beaufort Sea, NWT
MGM will not be drilling in the Mackenzie
Delta for the first time in three years. Due to
economic conditions and the Mackenzie
Valley Pipeline delays, MGM and its farmin
partners Chevron and BP, have
re-negotiated MGM’s original farmin
agreement, which now gives MGM more
flexibility in timing and location of its
remaining well and seismic commitments.
Western Greenland Offshore: Update
Offshore West Greenland, which is virtually
unexplored by the drill bit, is attracting
international attention as part of the "largest
unexplored prospective area for petroleum
remaining on earth" (USGS, 2008).
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