Discoveries

Guyana welcomes the announcement made today by ExxonMobil – Ministry of Natural Resources

The Ministry of Natural Resources today issued a press release in response to the announcement made by ExxonMobil regarding the discovery of more than 82 feet (25 meters) of high-quality, oil-bearing sandstone reservoirs at their Snoek well. The text of the...

ExxonMobil Announces New Oil Discovery Offshore Guyana

Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. “The latest discovery at Snoek...

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“We’re not worried” – Guyana VP on Trump’s new energy policies 

Vice President Bharrat Jagdeo has dismissed concerns that U.S. President Donald Trump’s energy policies could threaten Guyana’s oil industry....