Because of Moffett's reputation as a superb geologist, McMoRan set about approaching a lot of the larger companies that had unexplored acreage in the shallow Gulf region to work cooperatively.

FORBES: Magazine Article

Moreover, it has largely been unexplored, likely the result of the region's longstanding status as an inconsequential piece of the global security architecture.

CENTERFORSECURITYPOLICY: An African vortex

The Arctic remains one of the few unexplored regions of the world and the region above Alaska and western Canada is believed to be oil rich.

WSJ: Exxon Struggles to Find Oil

While this oil-soaked region has 77 billion barrels of proven reserves, most of this vast landmass is unexplored.

FORBES: On The Cover/Top Stories