ExxonMobil set to drill more oil wells

American oil firm ExxonMobil will be drilling more wells after an appraisal well confirmed the presence of a significant deposit of oil in the location close to where the first well was drilled.

A senior official yesterday confirmed that the Liza-2 appraisal well was recently completed and it confirmed the large deposit of hydrocarbons within the vicinity of the first well, the Liza-1, where the company hit oil last year. However, it was pointed out that all the particulars such as how big the reservoir is, the conditions of the reservoir such as the pressure within and so on, have not yet been determined.

ExxonMobil will now expand its drilling campaign.