Canadians Set Out to Claim Arctic Territory

But territory could belong to Russia or Denmark
By Newsy, a Newser Video Partner
Posted Aug 10, 2014 5:00 PM CDT

(Newser) – How far would you go to claim what’s yours? Well, this weekend Canada sent two ice-breakers to the North Pole to claim oil and natural gas-filled territory that could belong to two other countries. The Canadian government released a statement Friday saying the goal of the exploration is two-fold: to gather information about the resources of the area and to extend Canadian territory. Thing is, the territory could belong to Russia or Denmark. And how's this for incentive: The US Geological Survey estimates the area could hold 13% of the world's undiscovered oil and 30% of its undiscovered natural gas.

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