We consider a Schr"odinger operator in dimension two with a quasi-periodic potential . We prove that the absolutely continuous spectrum of contains a semiaxis and there is a family of generalized eigenfunctions at every point of this semiaxis with the following properties. First, the eigenfunctions are close to plane waves $e^{i\langle \vec \varkappa,\vec x\rangle}$ at the high energy region. Second, the isoenergetic curves in the space of momenta corresponding to these eigenfunctions have a form of slightly distorted circles with holes (Cantor type structure). A new method of multiscale analysis in the momentum space is developed to prove these results. The result is based on the previous paper [1] on quasiperiodic polyharmonic operator , . We address here technical complications arising in the case . However, this text is self-contained and can be read without familiarity with [1].

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