"History is a wonderful thing, if only it was true"

Wednesday, July 13, 2011

File under duh ... do ya suppose?

Did the Continental Drift Create an Oil Bonanza? - BusinessWeek:
"More than 90 million years ago, when the land mass of Pangaea began separating into the continents we now call South America and Africa, the earth may have produced a lucrative farewell gift: huge oil and gas deposits along both coastlines where they had previously been joined. Now, Angus McCoss, exploration director and chief geologist at Tullow Oil, which in 2007 discovered one of the biggest oil finds of recent years off the coast of West Africa, is betting more than $100 million that a similar bonanza awaits off South America's eastern shore."

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