CND 0.00% 3.6¢ condor energy limited

Sovereign risk is part of any exploration decision, Australia or...

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    Sovereign risk is part of any exploration decision, Australia or anywhere. Not surprisingly, Australia is currently not a favoured destination.
    It is also a conscious decision to explore offshore or onshore.
    Offshore - more expensive but normally more abundant, high quality 3D seismic and surface rights are not a problem.
    Onshore - cheaper to drill/develop but pesky locals and protesters especially in the Amazon jungle.
 
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