Northeast Atlantic Geoscience

1. Tectonic Development of the Northeast Atlantic Northeast Atlantic Geoscience Tectonic Development Theme (NAG-TEC) Tectonostratigraphic Atlas of the Northeast Atlantic A Northern European Geological Survey Initiative 1

2. Tectonic Development of the Northeast Atlantic • Marketing and sponsorship update • Timeline and key events last 6 months • Decisions at 4th steering committee meeting • Budget issues 2

3. Tectonic Development of the Northeast Atlantic Company Sponsors 1 contract in progress: 1 New:

4. Tectonic Development of the Northeast Atlantic Totals: 12(13) companies plus BGR = € 2,600,00 (€2,800,000) Original cost estimate: € 4,800,000

5. Tectonic Development of the Northeast Atlantic Marketing efforts last half year(in addition to new sponsors) • November: East Greenland Workshop, GEUS • Good talks with BP, but no progress with followups • December: Steve Bergman - Shell visit to GEUS • Showed interest and promised to take it up with the Stavanger office. No recent news on progress • January: FORCE meeting in Stavanger • Discussed project with new Dana Petroleum employee hired specifically for Norway/Greenland conjugate margin expertise. Dana is expanding their operations off Norway and may be interested in Greenland. BGS followup? (Dana is in the Faroe-Shetland consortium; they are owned by KNOC, also interested in Greenland).

6. Tectonic Development of the Northeast Atlantic Marketing efforts last half year(in addition to new sponsors) • March: Statoil visit to GEUS • ????? • April: Centrica • GEUS visit to Stavanger office • BGS meeting with UK office • April: GDF Suez • Several visits to GEUS for other business. Over the past year and half, several from GDF Suez have said they have recommended the project to management, but approval from higher up seems difficult.

7. Tectonic Development of the Northeast Atlantic Key events • November 12-13: Survey workshop in Copenhagen • January 14-15: Workshop 4 in Utrecht • January 14: Fourth Steering Committee meeting • February 5-6: WP1/3 meeting in Edinburgh • February 20: UiB, NGU, GEUS visit to NPD • HaraldBrekke is reviewing and quality checking the Norwegian margin work - but only informally • March 14-15: WP4 meeting in Copenhagen • April 23: WP leaders and survey reps in Copenhagen • status and workshop 5 planning

8. Tectonic Development of the Northeast Atlantic Upcoming • May 26-28: Workshop 5, Tórshavn • Fall: Workshop 6 in Dublin • Additional smaller meetings and visits as needed 8

9. Tectonic Development of the Northeast Atlantic Overview of Progress • All information and data required to complete the Atlas is now in the database. However, not everything is in the best shape or formatted correctly • Significant quality control and assessment over the next several months 9

10. Tectonic Development of the Northeast Atlantic Progess tracking via master task list Color coded matrix according to progess 10

11. Tectonic Development of the Northeast Atlantic Overview of Progress November 2012 January 2013 April 23, 2013 Several areas of concern... Good Progress... Nearly there...

12. Tectonic Development of the Northeast Atlantic Timeline Final Year

13. Tectonic Development of the Northeast Atlantic 4th Steering Committee Meeting • Agenda • Welcome, approve minutes from last meeting, and approve final agenda • NAG Directors meeting summary • Progress and status reports, including priorities and timeline for next 6 months • Work Package reports • Survey reports • Feedback from sponsors • Future workshop content and schedule • Workshop 5 - Thors havn, May 27-28 (field trip Sunday, May 26) • Workshop 6 - ??? • Any other business

14. Tectonic Development of the Northeast Atlantic 4th Steering Committee Meeting Minutes are attached for endorsement/approval. No significant changes to previous decisions and plans were made.

15. Tectonic Development of the Northeast Atlantic 4th Steering Committee Meeting • Highlights from discussions and sponsor feedback: • Overall postive feedback. • Sponsors were happy with regular website and database updates provided during the fall and results were used in license applications. • Key issues raised were regarding priorities and quality control as the project enters the critical phase of finalising the database. • Sponsors wanted to ensure that integration topics were addressed and presented at the Tórshavn workshop

16. Tectonic Development of the Northeast Atlantic Budget - Sponsor Funds Available GEUS has now collected 75% of the external funds. Main difference compared to previous is the addition a new company sponsor.

17. Tectonic Development of the Northeast Atlantic Funds available to each survey Formula to distribute funds approved at last meeting: Next Invoice: Travel Costs + 0.75*(Expected Salary Support) - (Payments Made)

18. Tectonic Development of the Northeast Atlantic Payments from GEUS Green column can be paid now as needed by each survey and includes all travel reported. Additional travel can be reported and invoiced to GEUS as needed. Blue column is expected payment in 2014 after project ends.

19. Tectonic Development of the Northeast Atlantic Budget - Travel Summary No surveys have reported travel for 2013 yet -- Utrecht total only includes GEUS

20. Tectonic Development of the Northeast Atlantic Budget - Travel Summary The travel budget is in good shape, despite nearly 200 trips logged by NAGTEC participants

21. Tectonic Development of the Northeast Atlantic For Directors approval • Steering Committee Minutes and Decisions • Budget