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TeachMeFinance.com - explain Prospecting Prospecting The term 'Prospecting' as it applies to the area of energy can be defined as ' The search for an area of probable mineralization; the search normally includes topographical, geological, and geophysical studies of relatively large areas undertaken in an attempt to locate specific areas warranting detailed exploration. Prospecting usually occurs prior to the acquisition of mineral rights'. Previous 5 Terms: Prorate Pros And Cons prosodic prosody prosopic Next 5 Terms: Prospecting costs Prospective Payment System prospectus prostatolith Protected Health Information 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.