Western companies should guard against high risks involved in doing business as usual with African countries that have recently discovered offshore oil. A new report asks them to be prepared to manage the perils stemming from 'resource nationalism' in institutionally fragile and politically volatile nations. The warning by UK-based Maplecroft risk analysts refers particularly to countries 'where we see a disenchanted poorly educated youth, many of whom following war torn years out of school, are finding reintegration back into society particularly challenging.' New oil frontiers which the risk analysts have in mind include Equatorial Guinea, Cote d’Ivoire, Cameroon, Gabon, and the Congo, all of which are classified in the index as 'high risk' countries.