“As we continue to evaluate the full potential of the broader Stabroek Block, we are also taking the necessary steps to ensure the safe, cost-efficient and responsible development of this world-class resource, which can provide long-term, sustainable benefits to the people of Guyana,” said Steve Greenlee, president of Exxon Mobil Exploration Company. ExxonMobil says Snoek well found 82 % of high - quality , oil - bearing gas reservoirs . Esso Exploration and Production Guyana is owned and holds 50 % stake in Stabroek Block ; Hess Guyana Exploration holds 30 % stake , CNOOC Nexen Energy Corporation has 25 % stake .
ExxonMobil says Snoek well found 82 % of high - quality , oil - bearing gas reservoirs . Esso Exploration and Production Guyana is owned and holds 50 % stake in Stabroek Block ; Hess Guyana Exploration holds 30 % stake , CNOOC Nexen Energy Corporation has 25 % stake .