Thursday, December 20, 2012

Global oil exploration hotspots

Global oil exploration hotspots
Featuring Richard Swann, Stuart Elliott, and Robert Perkins

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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