Much of the conventional exploration industry is moving out to the frontiers. Two factors are behind this trend – the maturing of many established plays and the waning availability of quality discovered resource opportunities. So far, these moves to the frontiers are only conspicuous in terms of acreage capture. A multi-year land-grab has placed the majority of the world's accessible sedimentary basins under licence. Two groups of companies, the Majors and the exploration minnows, have...
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Insight | Mar 2013
After the landgrab, expect a new wave of deals before drilling
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