But it's an area ripe for exploration, ripe for us all getting exciting about.
Later this year, the company will bid for exploration opportunities off Lebanon and Cyprus.
But most of the country's reserves remain untapped because Pemex lacks the technology for exploration.
This means keeping more cash flow for exploration and production, and less cash for dividends.
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But these countries contain the most promising territory for exploration, so such political risks can only increase.
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Until recently, the asteroids were largely a footnote in NASA's plans for exploration of the solar system.
"The most critical door opening for exploration in all of humanity, " is how Aldrin sees the mission's legacy.
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It's very exciting because I think this is going to open up a whole new area for exploration.
Facing significant gas shortfalls of their own, Egypt has begun offering licensing rounds for exploration on and offshore.
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It refuses to open up the vast oil- and natural gas-rich Outer Continental Shelf (OCS) for exploration and drilling.
Israeli entities hold substantial working interests in the licenses for exploration and production.
Chancellor George Osborne announced the tax incentives in his Autumn Statement, signalling the likely green light for exploration following a moratorium.
Combined with horizontal drilling, it allows access to formerly out-of-reach deposits and has opened large areas of the country for exploration.
It also puts the other person on the defensive and shuts down the conversation rather than opening the issue up for exploration.
The New York Times reports that the annual program, now in its seventh year, will feature 14 private residences for exploration.
Many of the most promising areas for exploration, including Saudi Arabia, Iraq and Iran, are in effect off-limits to Western oil firms.
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Campbell McCuaig of the Center for Exploration Targeting in Perth, Australia, said that the major issue with discovering and getting to deposits is cover.
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No such reward for exploration exists in World of Warcraft, even though you get a tiny handful of experience points for finding new areas.
Among the sticking points: a proposal to lift a 1981 ban on offshore oil drilling and open the Arctic National Wildlife Reserve in Alaska for exploration.
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Halliburton also continued to maintain a positive outlook for exploration activity in North America despite the recent declines in oil prices and turbulence in international markets.
The reserve life of a typical gold mine is no more than 10 years so the reinvestment rate for exploration and incremental production is capital intensive.
Jan Willem Eggink, Shell's South Africa general manager for exploration, says the company needs to explore to determine how it could extract gas from the region.
Doug Suttles, the chief operating officer for exploration and production at BP, said it had not yet given up on engaging the valve, but was considering other possible solutions.
As now constituted, no tracts would be leased for exploration within 100 miles of Pensacola, 138 miles of Panama City or 285 miles of Tampa, she said.
Since the merger announcement, US Gold and Minera have outperformed gold and silver, as well as the McEwen Junior Gold Index launched two years ago for exploration-stage junior mining companies, McEwen noted.
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The joint Green Party and Alliance motion was opened by Anna Lo who said the four licences for exploration for hydraulic fracturing, known as "fracking", had been granted despite a "severe deficiency of research".
The streets of Dunwall are designed for exploration.
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"Encouraging investment by making a transparent policy (on hydrocarbons) that would cut the time spent in seeking regulatory approvals for exploration activities would be one of such efforts in increasing local production, " Mr. Moily said.
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