A decision is expected within few weeks where to drill the first IDDP well, be it at Krafla, Reykjanes or Hellisheidi. The 5th SAGA meeting was held in Reykjavik at the end of April 2006 to evaluate drilling options after well RN-17 at Reykjanes was lost earlier this year. The proceedings of the SAGA meeting and the ensuing meetings with DeepVision and representatives of ICDP and NSF are described in SAGA Report No. 5. At a DeepVision meeting yesterday it became clear that the evaluation process needs to continue for a few more weeks before a decision on the drillsite will be made.