ExxonMobil acquires exploration acreage in three Mauritania offshore blocks

12/4/2017

IRVING, Texas -- ExxonMobil has announced that its wholly owned affiliate, ExxonMobil E&P Mauritania Deepwater Ltd., has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks.

“These blocks further enhance ExxonMobil’s leading global deepwater acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company. “We thank the government of Mauritania for the opportunity to evaluate the potential of this acreage using our expertise and advanced technology.”

Blocks C22, C17 and C14 are located an average of 124 mi, or 200 km, offshore Mauritania. Together they measure nearly 8.4 million acres in water depths ranging from 3,300 ft to 11,500 ft, or 1,000 m to more than 3,500 m.

Following government approval of the contracts, ExxonMobil will begin exploration activities, including acquisition of seismic data and analysis.

ExxonMobil will carry out the work program as operator with 90% interest. Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier holds a 10% interest.

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