Targeted News Service

ExxonMobil Makes Two Discoveries Offshore Guyana
January 06, 2022

IRVING, Texas, Jan. 6 -- ExxonMobil, an energy provider and chemical manufacturer, issued the following news release on Jan. 5, 2022:

ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.

* Fangtooth and Lau Lau discoveries will add to previous recoverable resource estimate of 10 billion oil-equivalent barrels

* Positive result supports strategy to test deeper exploration targets within Stabroe . . .

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