Vol. 2, No. 2


Country Profile North America

Canada – significant production and huge potential

Canada’s hydrocarbon resources are both plentiful and varied. In addition to conventional resources of light to medium crude oil and gas that have been tapped for more than 150 years, unconventional resources like oil sand, coal bed methane, tight gas, shale gas and gas hydrates represent a vast potential for the future.

Exploration Asia

Surrounded by hydrocarbons

Only three years after Independence, East Timor is now ready to announce the first licensing round. With multiple oil and gas seeps onshore, several discoveries and four fields producing both oil and gas offshore, the Timorese have reason to expect significant interest from international oil companies.