ExxonMobil in EG oil find
Equatorial Guinea 
MALABO, December 11, 2017 – ExxonMobil has struck oil in the Avestruz-1 well in Block EG-06, the Ministry of Mines and Hydrocarbons of Equatorial Guinea announced on Monday.
The super-major is still evaluating whether the discovery is commercial, the statement added.
“Equatorial Guinea’s partnership with ExxonMobil continues to yield new oil discoveries, testifying to the huge potential in this country and our enabling environment for oil and gas exploration,” said Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima. “We hope that commerciality will be established at Avestruz-1 and look forward to seeing more developments in the areas surrounding Block B.”
Read our latest insights on:
More content from Equatorial Guinea
Latest news and features
Sign up to receive our newsletter and energy event alerts and receive free access to The Oil & Gas Year Nigeria 2020