Thursday, December 20, 2012

Global oil exploration hotspots

Global oil exploration hotspots
Featuring Richard Swann, Stuart Elliott, and Robert Perkins
 
http://www.platts.com/Videos/2012/Dec/oilexploration

Click here to watch the streamed video

An average crude price of over $100 has been a catalyst for a surge of successful oil explorations across the world; In this video Platts' editors discuss:

- 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;
- How new technology is helping to push exploration beyond traditonal frontiers and rapidly grow the amount of recoverable oil.

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