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XOM Exxon Mobil Corp

116.3195
0.2895 (0.25%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exxon Mobil Corp NYSE:XOM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.2895 0.25% 116.3195 117.26 115.90 116.26 25,528,090 01:00:00

Statoil Gets Stake in Offshore Columbia Licence

24/07/2014 7:24am

Dow Jones News


Exxon Mobil (NYSE:XOM)
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   By Dominic Chopping 
 

Norwegian oil major Statoil ASA (STO) said late Wednesday it has been awarded a 33% interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round.

Repsol will be the operator of the licence and will hold 33.34%. ExxonMobil Exploration Colombia will hold 33.33%.

The award is subject to the final approval of the National Hydrocarbons Agency of Colombia (ANH).

Initial working commitments include 2D and 3D seismic acquisition which will allow Statoil to further assess the potential of the basin.

There are no well commitments during the first exploration phase.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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