When a discovery is made, the interests of all parties should be catered for...It is advisable to have a pre-negotiated arrangement that spells out the share of revenue for residents, local authorities, national government and investors...It is critical for the region to institute best international practices in negotiating contracts, in financing and dispute resolution for the industry to have a robust foundation, one that will secure the interests of all involved...Border disputes are bound to increase and the region needs to embrace alternative conflict resolution...The biggest risk will be managing the expectations of the communities around areas where there will be oil and gas production. Communities will be concerned with how to earn revenue from oil and gas extraction...