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The other side of that is creating regulatory openings that allow significant exploration.
Delta owns two of what he calls "world class" deposits with significant exploration potential.
Without significant exploration effort, though, those numbers are just guesswork, Mr. Schilansky said.
Genel has stakes in two producing oil fields, a major natural gas discovery and significant exploration acreage in Kurdistan, the semiautonomous northern province of Iraq, Vallares said.
"The acquisition of Triton strengthens our exploration and production business, gives us access to long-life international reserves, substantially increases our production growth and provides significant exploration potential," said John Hess, chairman of Amerada Hess, in a statement.
Ineos, which owns significant exploration rights in the UK, said it wants the limit at which fracking operations must be paused to be raised, from its current level of 0.5 magnitude.
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Quoting from his Lawrence acceptance speech in 1968: "Finally, …one doesn't do significant explorations without a superb base camp – a comforting retreat.
The ship was gone for just over three years during which time, from a base in the Ross Sea area, significant explorations of this sector of Antarctica were carried out, along with an extensive scientific programme.
"Pakistan has significant remaining exploration potential," explains a British geologist at the London conference.
It was not long, though, before the London literaries began to fret about Kipling's shortcuts and stagy emotional effects, and his failure to use his rich and expertly detailed panorama, even at its darkest, for any significant psychological exploration.
The UK has also been involved in virtually all the significant planetary exploration missions launched in the past 50 years by the European and American space agencies — contributing designs, instruments and analysing data.
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