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TeachMeFinance.com - explain Exploration drilling Exploration drilling The term 'Exploration drilling' as it applies to the area of energy can be defined as ' Drilling done in search of new mineral deposits, on extensions of known ore deposits, or at the location of a discovery up to the time when the company decides that sufficient ore reserves are present to justify commercial exploration. Assessment drilling is reported as exploration drilling'. Previous 5 Terms: experimentation explicit explicit formula explicit sequence Exploit Next 5 Terms: Exploratory Drilling Exploratory well Explosive Deepening Explosives casting exponent About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.