Registration and coffee

Chairman’s opening

Hans Kristian Olsen
Managing Director
NUNAOIL

Ice Breaker Round Table Discussion

Discuss your most challenging questions to set the tone for the rest of the conference

The arctic is an area not yet covered by many operators; no doubt many of the questions that need answering are the same across the industry. This discussion will bring you together with the rest of the delegation. In your tables you will have the opportunity to get to know each others concerns, pass around your business cards and make a start on networking from the beginning of day one.

Questions such as the following could be posed:

• What are the most difficult technical challenges?
• What environmental considerations will be the most problematic?
• How can the investment be justified?

Hosted by your chairman:

Hans Kristian Olsen
Managing Director
NUNAOIL

Keynote Address: Shtokman

Get an update on the most developed project in the Russian Arctic run by Gazprom, Total and Statoil Hydro The Shtokman field is one of the largest gas fields in the Russian arctic located in the Barents sea. As the development carries on full steam ahead you will be given an update on recent developments, you will:

• Hear how the development is progressing and what challenges have already been overcome
• Establish what lies in store for this exciting project in the future

Herve Madeo
Deputy CEO and Vice President of Projects
SHTOKMAN DEVELOPMENT AG

Morning coffee and networking break

ROI

Realising the value of frontier exploration in the Arctic Abstract to be announced, please see the website for further updates on the content of this presentation

Dr. Mike Watts
Exploration & New Business Director
Cairn Energy

Arctic E&P: Challenges and Opportunities

The Canadian Arctic Offshore: E+P Challenges in the 21st Century

• The 1970’s and 80’s saw a significant program of offshore drilling in the Canadian Arctic
• The 21st Century sees a renewed interest due to high commodity prices and a changing environment
• How have the challenges and opportunities changed over the last 20 years?

Peter Mulholland
Consultant
RPS CANADA

Lunch and networking break

Permafrost

Combat risks to your investment and personnel through understanding of the effects of climate change on permafrost

Findings from a joint project with BP on the issues of climate change’s effects on permafrost and its ramifications will help you to:

• Establish the consequences of the permafrost melting as the climate warms in the Arctic
• Understand the implications of decomposing organic carbon matter as it thaws
• Establish an action plan to combat the issue of climate change and to ensure your activities don’t exacerbate the problems for the ecosystem

Professor Richard Jardine
Head of Geotechnics
IMPERIAL COLLEGE LONDON

Exploration Risk Assessment

Risk assessment of frontier Sub-basalt Basins in the North Atlantic

• A case study on DONG Energy’s plays in the North Atlantic Igneous Province
• Establish effective risk assessment in frontier sub-basalt basins in the North Atlantic
• Analyse the impact of volcanism on the sub-basalt petroleum system
• Understand the importance and potential use of field analogues in the early phase of exploration in sub-basalt basins

Gregers Dam
Chief Geologist
DONG ENERGY

Afternoon tea and networking break

Exploring Greenland

The latest information on Nunaoil’s involvement in the development of Greenland’s oil fields

• Gain an insight into the political challenges specific to working in Greenland from its national oil company
• Assess the viability of Greenland as the next area for your frontier exploration
• Gain an insight into the technical difficulties you are likely to encounter when venturing in to this part of the arctic

Hans Kristian Olsen
Managing Director
NUNAOIL

West Siberian Basin

Increase your understanding of the most important gas basins in the Arctic

ExxonMobil’s geophysical software STELLA has provided a holistic picture of this potentially hydrocarbon rich area. You will be provided with:

• Quantifiable, high resolution calculations of the West Siberia Arctic Basin have been published for the first time
• Assessment of the nature and abundance of the gases have produced interesting results concerning charge to the main gas play.

Erik Fjellanger
Geological Advisor EXXONMOBIL (principal author) in co-operation with Academician A.E. Kontorovich
IPGG - RAS

Chairman’s closing and end of day one