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ExxonMobil discovery at Uaru-2 offshore Guyana; block recoverable resource estimate upped to 9B barrels oil-equivalent

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ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). In January 2020, ExxonMobil announced that Uaru-1 was the 16 th discovery in the Stabroek Block. These new projects continue to drive investment in the Guyanese economy. Hess Guyana Exploration Ltd.

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