ExxonMobil announces oil discovery offshore Guyana

22 May 2015, Sweetcrude, Houston, Texas – US oil giant ExxonMobil announced, Friday,  a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs. It was safely […] More »