Research Presentation
Exploration trends and company performance
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Report summary
We review the current health of the global exploration industry, highlighting the impact of rising technical complexity and costs on full cycle returns. The presentation summarises company performance over the past five years including the contribution to organic growth from both conventional and unconventional plays. We consider how the industry is reacting to these trends, and to market pressures to for greater capital discipline, and is adopting a more cautious trajectory.
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