The Ekati Diamond Mine, located in the Northwest Territories of Canada, consists of the Core Zone, which includes the current operating mine and other permitted kimberlite pipes, as well as the Buffer Zone, an adjacent area hosting kimberlite pipes having both development and exploration potential.
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Oil companies believe the region holds the greatest potential for new exploration and is the nearest to existing infrastructure.
As a space enthusiast and a filmmaker, I believe that continues to be a big part of what space exploration is all about: potential, possibility and progress.
Deutsche Bank estimates that the initial project will generate an annual return on capital of 13% over the next 40 years, with a lot of upside potential as more exploration wells are drilled and additional processing plants added.
Finally, Athens has set out to expand their local production potential by offering exploration bids off their Western coast, as well as entering into discussions with Cyprus in a bid to set up Greece as a transport hub for natural gas from the Leviathan natural gas field.
And just yesterday, we announced the next step for potential new oil and gas exploration in the Atlantic.
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Smallwood sees more potential from the mine in terms of exploration.
In the Sept. 2 issue of his newsletter, Way reports that PXP has five times more upside return potential than downside risk, tops among the exploration and production stocks.
In the midst of this comedy recession where we have witnessed a severe contraction in our GDL -- gross domestic laughter -- there is one potential goldmine that could use a bit more exploration.
"As we can see from the experience in the US, the exploration of shale gas and coal-bed methane has the potential to raise billions of pounds, resulting in reduced energy bills, " he said.
After years of fruitless exploration in the Eastern Mediterranean, Israel hit upon billions in potential revenue and energy independence in 2009 with the discovery of one of the largest offshore finds in a decade.
FORBES: What does an Israel-Turkey Awakening Mean for Mediterranean Gas?
Exploration companies are arriving by the boatload, and that means a wealth of potential opportunities for investors.
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