The ExxonMobil company today announced two new oil discoveries offshore Guyana. In a statement, the company announced the discoveries at the Fangtooth-1 well and the Lau Lau-1 well. The Fangtooth-1 well encountered approximately 164 feet of high-quality oil-bearing sandstone reservoirs, while the Lau Lau-1 well encountered approximately 315 feet of high-quality hydrocarbon-bearing sandstone reservoirs. Exxon […]