Exxon Mobil Angola Affiliate Makes 12th Oil Discovery.(Esso Exploration Angola)(Brief Article)

Worldwide Energy, July, 2001

Exxon Mobil Corporation (NYSE:XOM), Irving, Texas, has announced that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso), has made a deepwater oil discovery, its twelfth oil find on Angola Block 15.

The discovery well, named Mavacola-1, encountered an oil-bearing reservoir that flowed at a test rate of 3,280 barrels per day. The well was drilled in 3790 feet (1155 meters) of water to a total depth of 9060 feet (2760 meters). It is located approximately 191 miles (307 kilometers) northwest of Luanda.

Esso and Sociedade Nacionale de Combustiveis de Angola (Sonangol), the state oil company of Angola, have previously announced 11 Block 15 discoveries, with the Hungo, Kissanje, Marimba and Dikanza discoveries during 1998, the Chocalho and...

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