Exxon delays decision on drilling for second Kaieteur block well

ExxonMobil Corporation has delayed a drilling decision for a second well in the Kaieteur Block, offshore Guyana, in order to do additional data analysis.

This was disclosed by Westmount Energy Limited last Monday.

Westmount cited Ratio Petroleum, which owns a 25% stake in the offshore block, as saying that the date for elective nomination of the prospect target has been extended by seven months to March 22, 2022.