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Topic: |
Business
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Number of pages / Number of words: |
3 / 735 |
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Then, further exploration of established plays. These typically have the potential for near-term additions to the resource base. Lastly, mature exploration plays and discoveries that are undeveloped or only partially developed.
ExxonMobil's gross undeveloped exploration totaled 115 million acres in 33 countries at the year-end of 2005...
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This geographically, high-quality portfolio balances risk to deliver both near-term production and long-term resource growth.
By taking a long-term approach, Exxon Mobil is optimally positioned to capture a balance portfolio of new, high-quality opportunities, considering both timing and resource uncertainties...
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