The Top 5 Oil and Gas Plays of 2012, and What to Expect in 2013
2012 was a stellar year for oil and gas. From East Africa to North America new technology major new discoveries an unparalleled appetite for exploration and a metamorphosing perception of risk have changed the playing field. We're looking at potential rather than existing production and here are our top-5 picks for 2012: Turkana County Kenya We have to start with Kenya the biggest success story of 2012. In March the UK's Tullow Oil (LON:TLW) and Canada's Africa Oil Corp. (CVE:AOI) discovered 100 meters of oil in the Ngamia-1 well. The euphoria was in part because this discovery was made ...
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