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Re: Prosper/high post# 1892

Thursday, 03/30/2017 2:44:36 PM

Thursday, March 30, 2017 2:44:36 PM

Post# of 4017
Exxon unveils another oil discovery offshore Guyana
Exxon Mobil (NYSE:XOM) announces "positive" results at its Snoek well offshore Guyana, confirming a new discovery on the prolific Stabroek block.
XOM says the well, located five miles southeast of the Liza-1 discovery, encountered 82 ft. of high-quality, oil-bearing sandstone reservoirs.
XOM is the operator and holds a 45% interest in the Stabroek block, while Hess (NYSE:HES) owns a 30% stake and Cnooc's (NYSE:CEO) Nexen holds 25%.
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