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  1. Wildcat drilling: worth the risk?
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  4. Shell and Ecopetrol sign gas deal in Colombian Caribbean
  5. Time is running out: read more in the latest issue of Offshore Technology Focus

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Wildcat drilling: worth the risk?

Two recent tales underline the high risks and potential rewards of wildcat oil drilling, with one firm striking oil and another forced to abandon its investment after encountering a dry hole. We look at the delicate balance involved and ask why, despite the risks, activity is picking up.

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