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Exxon applies for additional 35-well exploration campaign in Guyana’s Stabroek block (XOM:NYSE)

Exxon Posts 38 Percent Decline In Quarterly Profit

Spencer Platt/Getty Images News

Exxon Mobil (XOM) has submitted for authorization of a new exploration and appraisal program for Guyana’s offshore Stabroek block that could result in the drilling of as many as 35 wells, the country’s Environmental Protection Agency reported Monday.

Drilling is slated

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