Exxon's big bet on Guyana is starting to pay off

Exxon's big bet on Guyana is starting to pay off Bank & Insurance By Jacky On Sep 13, 2021 Share After starting exploratory drilling off the coast of Guyana in 2015, ExxonMobil experienced the world's second largest publicly traded oil company by market capitalization. astonishing success. In just over six years, Exxon has made 22 high-quality oil discoveries in the 6.6 million-acre Stabroek Block, the last creature at the 5,938 foot Pinktail pit, nearly 22 miles southeast of the Liza Phase 1 development. Hess, Exxon's partner with a 30% stake in the Stabroek bloc, announced the successful assessment of the…