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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