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
South West Coast Path path passes 'The Coastguard Cottages' in Hele Bay and enters the seaside resort of Ilfracombe, with its small harbour, surrounded by cliffs. A seasonal foot passenger ferry service runs from the harbour to Lundy Island, and the "Balmoral", the "Waverley" and pleasure boats ply to Porthcawl near Swansea. From Ilfracombe to Bideford the Tarka Trail coincides with the South West Coast Path. The path leaves Ilfracombe through The Torrs and follows the cliff top past several small bays including Lee Bay before passing Bull Point and the Bull Point Lighthouse, into Rackham Bay. It then rounds Morte Point, passing the