I want to know about the amount of oil still unexplored in some of the unexplored territory due to government regulations.
I know of India which only recently open its oil exploration and able to find two big fields
I think similar unexplored areas are there throughout the world be it bangladesh,myanmyar, african countries.
Can you share some insight on this areas ?
I invested in Gold exploration company of India and they said Indian territory is same as australia and India used to be the worlds largest explorer of Gold before 1600 and it can again become one if government opens the exploration to the private companies. At present it takes more than half of our time spend visiting various govt agencies.If they removed that we can fasten the process and Indians will get rewards early.
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