Exxon find could be as high as 1.5 billion barrels – Trotman

ExxonMobil’s oil rig, the Deepwater Champion (GINA photo)

The recent petroleum find by US firm ExxonMobil could be as much as 1.5 billion barrels of oil, according to Minister of Governance Raphael Trotman who says that government would press the company to bring the well into production within five years.

“It is our understanding that…the Liza well, a substantial quantity of hydrocarbons has been discovered,” Trotman told Stabroek News in an interview yesterday. “We don’t have right now, an exact quantity, but I believe that you’re looking at something between 800 million to 1.5 billion barrels in that