Global energy giant Repsol has applied to government for an exploration licence close to the Stabroek Block, where ExxonMobil reported a “significant oil discovery” at its Liza-1 well offshore Guyana last year.
ExxonMobil, meanwhile, is itself looking to acquire more acreage in proximity to the Liza-1 well.
“I would not deny that,” acting Commissioner of the Guyana Geology and Mines Commission (GGMC) Newell Dennison told Stabroek News when asked