Insight

Is Myanmar’s role as regional exploration hotspot at risk?

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Report summary

Myanmar has stood out as a global exploration hotspot in recent years but its potential has yet to materialise. Wood Mackenzie discusses the challenges facing Myanmar exploration: - Myanmar exploration at a crossroads, what are the key issues? - A regional exploration hotspot after the successful 2013 round, and recent wildcat drilling - With the end of study periods looming, 30+ exploration wells are at stake. Can Myanmar compete for capital in Majors' exploration portfolio? - Monetisation and value creation: Tough fiscal terms combine with unclear energy policy and gas markets - Onus on the government to find ways to incentivise drilling activity

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