Exxon and partner Qatar Petroleum were officially granted MLO-113, 5,826 sq km in the Malvinas Basin, from Argentina's 1st offshore round. Commitments/plans include 963km 2D seismic, reprocessing of 2,332km of 2D, 1,747 sq km of 3D and reprocessing 1,456 sq km of 3D, 2D 5,156km of gravity-magnetics within 4 yrs, 1 well within 8 yrs. An optional 3rd term would call for a 50% relinquishment.
Exxon and partner Qatar Petroleum were officially granted MLO-113 (5826kmÂ²) from Argentina's 1st offshore round.