Sunday, December 23, 2012

Global oil exploration hotspots


Richard Swann, Stuart Elliott, & Robert Perkins discuss how an average crude price of over $100 has been a catalyst for a surge of successful oil explorations across the world; how "matching" geological basins in South America & Africa are proving rich hunting grounds for oil companies; the steep financial risk faced by independent oil exploration companies, and how new technology is helping to push exploration beyond traditional frontiers and rapidly grow the amount of recoverable oil.

No comments:

Post a Comment