Where oil and gas are concerned, talk of Mali’s “oil wealth” is premature: while Mali has potential reserves, it has zero proven reserves, and despite its government allocating 700,000 square kilometers for drilling since 2005, no wells have been drilled yet (see Jeune Afrique). No major multinational energy companies have even bought drilling rights in Mali: the only companies who have are Italy’s ENI, Algeria’s SONATRACH, Canada’s Selier Energy, and a few other minor players with high risk tolerance. Even before the present conflict began a year ago, the Malian Sahara’s remoteness and chronic insecurity made it a no-go zone for most investors. Military intervention will not change that for the better.