Four African countries have licensing rounds underway with many more on the way. Simultaneously, many majors and supermajors are scouting or acquiring new frontier acreage across the continent, including in previously unexplored deepwater areas. Independents are expected to follow this trend. However, with the large volume of acreage available, some good opportunities are overlooked; even some of the supermajors have commented that they lack capacity to fully evaluate all available opportunities. In a recent......
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