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Stock Market & Financial Investment News

News Breaks
October 25, 2012
09:02 EDTRDS.B, RDS.A, XOM, CVXChevron announces further natural gas discovery offshore Australia
Chevron Corporation announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin. The Satyr-4 exploration discovery well confirmed approximately 220 feet of net gas pay. The well is located in the WA-374-P1 permit area approximately 75 miles northwest of Barrow Island, off the Western Australian coast. The well was drilled in 3,570 feet of water to a total depth of 15,023 feet. Chevron Australia (CVX) is the operator of WA-374-P with a 50% interest while Shell Development (RDS.A) and Mobil Australia Resources Company (XOM) each hold 25%.
News For B;XOM From The Last 14 Days
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May 22, 2015
10:21 EDTXOMExxon Mobil says media reports on Iran sanctions lobbying inaccurate
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May 20, 2015
13:15 EDTXOMExxon Mobil announces significant oil discovery offshore Guyana
Exxon Mobil announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered more than 295 feet of high-quality oil-bearing sandstone reservoirs. It was safely drilled to 17,825 feet in 5,719 feet of water. Stabroek Block is 6.6M acres. The well was spud on March 5. The well data will be analyzed in the coming months to better determine the full resource potential. Esso Exploration and Production Guyana Ltd. holds 45% interest. Hess Guyana Exploration Limited holds 30% interest and CNOOC Nexen Petroleum Guyana Limited holds 25% interest.
May 15, 2015
06:44 EDTXOMEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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