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Farmout Market Update (Africa – Atlantic) “Where are the deals being done?”

To be presented at APPEX Regional by Joe Staffurth

This talk reviews the current state of the exploration deal making market and looks at the South Atlantic in detail comparing the success of deal making and farm in drilling over the last 5 years in Africa with that in South America. From the JSI Global Upstream Deals (GUD) database trends in deal terms, costs and drilling outcomes will be discussed.