— ExxonMobil announces positive results from Payara-1 well
Guyana Chronicle – January 13, 2017
EXXONMOBIL has announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.“This important discovery further establishes the area as a significant exploration province,” said Steve Greenlee, president of ExxonMobil Exploration Company.
“We look forward to working with the Government and our co-venturers to continue evaluating broader exploration potential on the block and the greater Liza area.” Continue reading
