The exploration risk in an oil production sharing agreement

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Reference no: EM13669506

Think about who should assume the exploration risk in an oil production sharing agreement. In your discussion posting, be sure to address the following points:
1. How has this week's material affected your views on risk sharing between a foreign oil company and a host country?
2. If a host country has agreed to share some of the exploration risk, should the host country insist on the amount and/or type of G&G to be conducted? Why or why not?

Reference no: EM13669506

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