Reuters reported that Kenya's first offshore gas discovery, found by Apache Corp. (NYSE:APA), which is operating on behalf of Britian's Tullow Oil plc (LSE:TLW) and Australia-based Pancontinental Oil & Gas NL (ASX:PCL), is not large enough for commercial production.
Sandwiched between a recent discovery to the East, the world’s largest reserves of crude oil to the West and with their maritime border dispute resolved - Guyana and Suriname have started to attract a lot of exploration interest.
A brief look at 3 oil exploration hotspots, all of which have already produced multi-billion barrel finds of recoverable crude in the last few years, and that may still hold much more.
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