ExxonMobil (XOM) Declares $0.87 Quarterly Dividend; 6% Yield

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ExxonMobil (XOM) Announces Oil Discovery at Whiptail, Offshore Guyana

July 28, 2021 6:58 AM EDT

ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling... More