Acreage selection
Recent discoveries have shown the potential for multiple and subtle plays in rift systems, with the development of specific rock types that generate and entrap oil.
- Screening is performed to identify the presence of these specific rock types.
- The potential for the development of large traps is then reviewed.
- Exploration risk will be taken in acquiring acreage where the potential is large enough.
- The first stage of exploration in awarded acreage is risk reduction.
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