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.