General seismic and other expenditures not connected with a specific exploration licence are written off to the profit and loss account immediately.

MOL has foreign exploration licences in (with date of announcement):

Avocet Mining has a number of development projects across twelve exploration licences in Guinea.

The exploration licences in Guinea are 100% owned by Avocet Mining.

Ecological protests led President Nicolas Sarkozy's government to suspend three exploration licences until an investigation into the environmental impact is complete, in June.

Its exploration licence and contract has been extended until 2014.

In addition, 56 exploration licences are currently (as of 2013) held over areas of the Tarkine, and 10 mines have been proposed over the 2012-2017 period.

In 2005, Atlantic Petroleum acquired two exploration licences in the waters of Faroe Islands.

São Tomé is optimistic that significant petroleum discoveries under the exploration licence are forthcoming.

The exploration licence is for biogenic gas exploration in the organic rich Alum shale formation.