EXPLORATION

Exxon makes unusual non-commerical discovery offshore Guyana

EXXONMOBIL’s relentless run of success offshore Guyana has hit a speed bump after its latest well Tanager-1 made a non-commercial discovery in the Kaietuer block beside the Stabroek block where its huge 8 billion barrel Liza development sits.

Exxon makes unusual non-commerical discovery offshore Guyana

ExxonMobil's Esso holds 35%, Hess 15%, Ratio 25% and Cataleya 25%. Westmount Energy holds stakes in Ratio and Cataleya. AIM-listed Westmount chairman Gerad Walsh called the results "a mixed bag"...

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