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f A Strategic Focus to Explore in Mature Basins
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 71st EAGE Conference and Exhibition incorporating SPE EUROPEC 2009, Jun 2009, cp-127-00230
- ISBN: 978-90-73781-67-2
Abstract
Q003 A Strategic Focus to Explore in Mature Basins N. Maden* (Petro-Canada) SUMMARY 71 st EAGE Conference & Exhibition — Amsterdam The Netherlands 8 - 11 June 2009At the end of 2003 Petro-Canada took the strategic decision to focus its exploration effort on the countries and basins in which it had existing material production. This strategic shift came about as the result of the integration of the Veba International assets into the Petro-Canada portfolio and also as a result of a number of largely unsuccessful years exploring in the more “frontier” Canadian basin. It was felt that enough undiscovered potential
