ExxonMobil Guyana has discovered more oil offshore Guyana after another major exploration campaign and exercise. The discovery was made in the Pacora-1 well offshore. This announcement was made by Minister of Natural Resources, Raphael Trotman after todayâs Cabinet meeting, according to the Department of Public Information (DPI). The Pacore-1 drill site is 107 miles from the coast of Guyana. The oil find now represents the seventh major find by Exxon since May 2015. The Pacora-1 well discovery adds to previous world-class discoveries at Liza, Payara, Snoek, Liza Deep, Turbot and Ranger-1, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels. Original article link Source: INEWS GUYANA 
Pacora 1 op. by ExxonMobil (45%, Hess 30%, CNOOC Nexen 25%) in the Stabroek block, reportedly discovery (7th in block), struck 20m of what Hess termed "high-quality, oil-bearing sandstone reservoir".