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ExxonMobil, Petronas Tout Discovery Offshore Suriname

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   |    Monday,December 14,2020

ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname.

The well was drilled by operator PETRONAS to a total depth of approximately 15,682 feet (4,780 meters) using the Maersk Developer rig. The discovery is being evaluated to determine its resource potential.

Block 52 covers an area of 1.2 million acres (4,749 square kilometers) and is located approximately 75 miles offshore north of Suriname’s capital city, Paramaribo. The water depths on Block 52 range from 160 to 3,600 feet (50 to 1,100 meters).

Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil, said: “Our first discovery in Suriname extends ExxonMobil’s leading position in South America, building on our successful investments in Guyana. We will continue to leverage our deepwater expertise and advanced technology to explore frontier environments with the highest value resource potential.”

ExxonMobil holds 50% interest in Block 52. PETRONAS is operator and holds 50% interest.

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