A useful report. Here is another part of the article quoted---
"With a high exploration success rate of 65%, the Transform Margin is seen as a key exploration area in Africa; hence the initiatives by companies, such as Chevron, Tullow, and Cairn Energy, to explore the region despite low oil prices. Additionally, some mature producers, such as Congo Republic, Cameroon and Gabon, are planning exploration, which in most cases is supported by low operating costs and affordable labor.
- See more at: https://
www.oilandgaseurasia.com/en/news/exploration-activity-africa-undeterred-slump-oil-price-says-globaldata-analyst#sthash.NvtsMyx3.dpuf