Guyanese Online 
Apr 12, 2022 – Kaieteur News
In January 2020, oil giant, ExxonMobil announced its 16th discovery, Uaru-1, in the Stabroek Block of Guyana’s Exclusive Economic Zone (EEZ).
In April last year, the company announced another oil find, this time its 19th dubbed Uaru-2 in the Stabroek Block. ExxonMobil said that the well is located approximately 6.8 miles (11 kilometres) south of the Uaru-1 well.
The two separate announcements or discoveries are, however, being pursued through one application process, as one project, under the guise of Uaru+ as was announced by ExxonMobil Guyana President, Alistair Routledge, as the final investment decision for its fourth project, the Yellowtail development, which was declared last week. Continue reading →
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