|45px||Ulgoth's Beard is one of the areas from the World Map.|
The mage Shandalar will teleport you to Ice Island to retrieve a cloak.
Near the inn, you can find Ike, who is willing to give you a tour of Durlag's Tower. In the inn itself, you can find Hurlag, a dwarf who wants you to retrieve a dagger from Durlag's Tower, which belonged to his grandfather. The innkeeper is selling weapons and armor, mundane and magical.
In one of the houses, you can find a mother whose son went to explore Durlag's Tower, but didn't return. She wants you to find her son and bring him home alive, or else his corpse.
Delsvirftanyon, slightly south of centre on the area map, announces that he is having a "going out of business" sale of his Durlag's Tower adventuring supplies business, and offers to sell you his remaining stock for 500gp. Sounds like a scam, but it's (mostly) not. You get a Dwarven Rune Wardstone, a Cloak of Protection +1 and Leather Armor +1, as well as a wardstone forgery, some arrows, etc.
Galken, a thief in the inn, wants you to clear up his 900gp tab at the inn in return for a ward token that gives entry to the dungeons beneath Durlag's Tower.
Calahan, is fisherman in Ulgoth's Beard that will apper after talking to Mendas. For 20 gp he will tell you that Mendas is missing the truth.
There are also two locked homes either side of the entrance to town. The northern one contains, in addition to a woman who wanders quickly from room to room, making the work of a thief challenging, a Bastard Sword +1, a Pearl, an Oil of Speed, a Dagger and the book "History of the North IV." The southern one contains only 13gp, Chainmail Armor, a Long Sword and the book "History of Amn."