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Exxon Mobil Corporation reveals yet more success offshore Guyana


Exxon reveals yet more success offshore Guyana
The Longtail-3 adds another discovery to the Stabroek Block offshore Guyana which could prove to be among the last major oil frontiers as transition looms.
Longtail-3 was drilled by the Stena DrillMax vessel, pictured above off Gibraltar in May 2020. Presently, six drillships are now operating at the Stabroek block (image credit: Cmspic / Shutterstock)
Exxon Mobil Corporation (NYSE:XOM) revealed yet more impressive exploration results at the Stabroek Block offshore Guyana with its latest discovery well, Longtail-3, measuring some 70 metres of net oil pay.
Oil was notably seen at a lower depth than the previously drilled nearby Longtail-1 well, located some 2 kilometres away. ....

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Westmount Energy Limited: Hess Corporation increases stake in Kaieteur Block


Westmount Energy welcomes Hess Corp s increased stake in Kaieteur Block
We believe this farm-in transaction reflects confidence in the prospective resource potential of the Kaieteur Block and augurs well for the continuing exploration of the area, said Westmount executive chairman Gerard Walsh
Westmount Energy Ltd (LON:WTE) noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%.
Hess has acquired its additional working interest (WI) from Cataleya Energy.
It follows the drilling of the Tanager-1 well back in November when it made a discovery, deemed as non-commercial on a standalone basis.
London-listed Westmount’s interest in the project is indirect, via shareholdings in minority partners Catelya and Ratio Petroleum (5.3% and 0.04% respectively). ....

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OnTheMarket PLC hooks up with rental platform Canopy


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A look at some of the major movers in London on Monday
OnTheMarket PLC (LON:OTMP) advanced 6.1% to 87.5p after it announced a commercial partnership with rental platform Canopy.
The partnership will enable OnTheMarket to provide its agent customers with free comprehensive tenant referencing, including employment and landlord references, for all tenancy applications.
Canopy s RentPassport includes Experian credit history, adverse financial history and provides verification of identity and address along with Know Your Customer, Anti Money Laundering and other information. The Canopy and OnTheMarket rental platform will be live in July 2021.
3.30pm: Synairgen wanted after its inhaled interferon beta shows potential antiviral activity ....

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Cadogan Petroleum PLC leaps as chief executive buys a million shares

Cadogan Petroleum PLC leaps as chief executive buys a million shares
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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