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    market news

    Exxon has 3 Deepwater Gulf of Mexico Discoveries

    Investing News Network
    Jun. 08, 2011 02:52PM PST
    Oil and Gas Investing

    Reuters Africa reports that Exxon Mobil Corp (NYSE:XOM) has made two significant new oil discoveries and a natural gas find in the Gulf of Mexico.

    Reuters Africa reports that Exxon Mobil Corp (NYSE:XOM) has made two significant new oil discoveries and a natural gas find in the Gulf of Mexico.

    The market news is quoted as saying:

    Exxon estimated the new wells could produce about 700 million barrels of oil equivalent (BOE).

    Click here to access the entire news

    market newsnyse:xom
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