ExxonMobil

Transaction Type
Sellers
Marketers
Post Date
Estimated Price
0MM
Description

ExxonMobil, Irving, Texas, (NYSE: XOM) has retained IndigoPool to seek a farm-in partner for a 50% equity share in the Schneverdingen exploration license onshore Germany. The license must be extended as of Aug. 1 and the extension will require a commitment to drill an exploration well within the next three years. The license area is fully covered by 3-D seismic, as well as earlier vintage 2-D seismic lines, and is within well-developed infrastructure between the Söhlingen and Soltau- Friedrichseck fields. Estimated ultimate recovery potential for multiple prospects totals more than 100 GCF. The bid due date is July 4. Contact Les Finalle, 713-513-1513.