ExxonMobil

Transaction Type
Sellers
Marketers
Post Date
Estimated Price
MM
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 data room opens June 2. The bid due date is July 4. Contact Les Finalle, 713-513-1513.