- New World Oil are a company focused on international oil exploration (a high cost, high risk, high reward business) where the chance of wells being dry holes is understood and best exploration technology is applied to reduce the chance of them. IMO
- Treaty are a company focused on infill drilling in existing marginal oilfields (a low cost, low risk, low reward business which can't be extrapolated to international wildcat oil exploration) where dry holes are not expected and where little exploration technology is applied to reduce the probability of them. IMO
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