ExxonMobil Corp.

Transaction Type
Sellers
Marketers
Basin
Porcupine Basin
Field
Dunquin blocks
Post Date
Close Date
Estimated Price
MM
Description

ExxonMobil Exploration and Production Ireland (Offshore) Ltd. has retained IndigoPool to seek a partner to farm into a minimum 10% interest in the Dunquin blocks in the Porcupine Basin offshore Ireland. The two main prospects, Dunquin North and Dunquin South in frontier exploration license 3/04, are both prospective for gas and condensate. ExxonMobil estimates that the Dunquin North prospect has an unrisked mean recoverable volume of 4 trillion cubic feet of gas and 156,000 barrels of condensate. It estimates Dunquin South holds 4.4 trillion cubic feet of gas and 160,000 barrels of condensate. ExxonMobil holds a 40% interest with ENI Ireland BV (40%), Providence Resources Plc (16%) and Sosina Exploration Ltd. (4%). The data room opens Jan. 25. The bid due date is March 26. Contact Les Finalle, 713-689-5860, lfinalle@indigopool.com.