When it comes to finding the final frontier for big oil discoveries, you need to look beyond the Guyana-Suriname basin where everyone’s already staked their claims. And beyond the American shale patch, where growth is already slowing.

Africa is the next great oil frontier, where small-cap companies are staking large-cap claims of the kind that generously reward investors with a bigger risk appetite.

This could be the final, underexplored frontier for oil; is there anywhere else to go?

“There is nowhere on earth with as much potential as Africa,” Jay Park, CEO of Reconnaissance Energy Africa told Oilprice.com in an interview.

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Source: Oil Price