US EditionEOG Resources, Inc. (EOG) Awarded Oil Exploration Concession for UAE Shale Block
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Black Gold in the Desert: Wildcatting Reignites Hunt for Shale in the UAE - Economic Scenarios
What is “wildcatting” in the world of oil? It is the exploration, with the digging of wells, of areas not previously explored or known for oil production. The wells thus dug are called “wildcat wells”. Wildcatting also in the Arabian Peninsula Wildcatting can also be done in states that are already known for oil production, but with areas, or techniques, that are unexplored. EOG Resources has just acquired a juicy new block of onshore shale in A…
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