Davis Strait 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. This has led Greenland's minister and provincial council to offer a large number of off-shore concessions to potential hydrocarbon (oil and gas) extraction. The largest concessions areas are located in seas west of Greenland, primarily the Davis Strait and Baffin Bay, but with several smaller concessions in the Greenland Sea in the east also.
Foul Bay, South Australia Foul Bay, South Australia Foul Bay is a locality in the Australian state of South Australia located on the south coast of Yorke Peninsula immediately adjoining Investigator Strait about west of the state capital of Adelaide. It was formally established in May 1999, with its name deriving from the Foul Bay Shack Site on South Coast Road. It also incorporates the pre-existing "Old Wheel Inn Shack Site" and the "Point Davenport Shack Site". A government town named Nugent was surveyed at the end of Nugent Road, near the Point Davenport site, in July 1880; however, it was never developed and