Eighth Oil Discovery Made Offshore Guyana

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GEORGETOWN, Guyana, Thursday June 21, 2018 – US oil giant ExxonMobil has announced it has struck

GEORGETOWN, Guyana, Thursday June 21, 2018 – US oil giant ExxonMobil has announced it has struck oil offshore Guyana yet again this time at the Longtail-1 exploration well.This represents eight out of ten successful exploratory wells for the Houston based oil giant, in an industry with an average success rate of 20 to 25 per cent.This discovery, announced yesterday, was made approximately five miles west of the Turbot-1 well and follows previous world-class discoveries on the Stabroek Block a..

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GEORGETOWN, Guyana
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Head of the
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by Caribbean News
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