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What is the chance of success in oil exploration?

User Slick
by
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1 Answer

2 votes

Answer:

30- 40%

Step-by-step explanation:

The consequences of this in many cases include misplaced expectations and hence morale problems from results of exploration which fall outside expectations. In reality, commercial exploration success rates worldwide range from 30- 40%.

User Akash Karothiya
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7.3k points