Baffin Bay Geological Survey has estimated that at least 13% of the world's undiscovered oil deposits and 30% of the world's undiscovered gas pockets are located in the Arctic, with the seas around Greenland potentially holding large amounts of natural gas and lesser amounts of crude oil and natural-gas liquids. Accordingly, the Greenland authorities have offered a large number of off-shore concessions for potential hydrocarbon (oil and gas) extraction. The largest concession-areas are located in seas west of Greenland; primarily in Baffin Bay and the Davis Strait, but with several smaller concessions in the Greenland Sea in the east also. Baffin Bay
Johnstone Strait Reserve. The Strait was named by Vancouver for James Johnstone, master of the armed tender "Chatham". In 1792, his survey party established that Vancouver Island was an island. There are no cities or towns along the length of the strait. Telegraph Cove and Robson Bight on Vancouver Island are along the strait near its north end and the village of Sayward on Kelsey Bay is near its midpoint. Johnstone Strait Johnstone Strait is a channel along the north east coast of Vancouver Island in British Columbia, Canada. Opposite the Vancouver Island coast, running north to south, are Hanson Island, West