Exxon hits big offshore Nigeria
Nigeria According to Exxon, the Owowo-3 exploration well encountered a “significant” oil-bearing reservoir of 140 metres, which was labelled “high quality.” The discovery was made in 576 metres of water in a well drilled to 373 metres.
“We are encouraged by the results and will work with our partners and the government on future development plans,” ExxonMobil Exploration Company President Stephen Greenlee said in a reaction.
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