News


News

Licensing Round postponed by two months.

21.6.2011

The opening date of Second Licensing Round for Exploration and Production Licenses in the Dreki Area, Northeast of Iceland has been postponed until 3 October 2011. The new deadline for applications will be 2 April 2012.

The delay is due to the fact that Bills that are necessary as pre-requisite did not pass prior to the summer recess of Althingi.