StrategicFit

Posted 11th May 2012 at 1:56pm

Exploration opportunities are risky.  They are subject to a complex tangle of uncertainties: subsurface, costs, commercial terms, partner behaviour and infrastructure availability.  Decisions often have to be made quickly and with imperfect information. Most importantly, resources can only be committed to exploration, if a clear and credible growth pathway/potential is identified upfront. Budget-holders want to hear a compelling, complete and well-articulated story, that clearly outlines both (i) the size of the prize and commitment and (ii) the risks/upsides associated with it.

Posted 4th April 2012 at 4:26pm

There has been a lot of interest in shale gas in Europe. But there have been major problems. In particular it’s been hard getting the necessary stakeholder support to even start exploration activities in many areas. We talked to some senior industry professionals with first-hand experience of working on the leadership teams of a super-major shale gas ventures in Europe.