A little stretch in a Siberian prison might teach them piracy doesn't pay.

bobad 21 Sept 13- moi aussi!

Canadian Arctic Offshore Status-

Some Canadian offshore rights in the Arctic Beaufort Sea (9000 square kilometers) have been sold to the small British Company, Franklin, which does not have the resources or the expertise to carry out any drilling. They are free to sell these rights to all comers, however.

Over 5 billions bbls of oil and 53 trillion cubic feet of gas are the potential, based on preliminary drilling that has taken place.

Chevron, BP and Exxon-Mobil have committed hundreds of millions to explore and develop their parcels in the Beaufort Sea.

The Arctic Ocean region soon will be a major producer of petroleum.