Glimmers of hope seen in North Korean basins, markets
Korean contractor's aging Romanian rig drills well No. 401 for SOCO International plc in North Korea. Photo courtesy of SOCO. North Korea and East Asian Basins [164,830 bytes] West Korean Basin Stratigraphy [144,649 bytes] West Korean Basin Cross-Section [77,144 bytes] The view which used to be held in oil circles was that there was not much, if any, commercial oil to be found off North Korea.