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Exxon Signs PSC for Deepwater Acreage Off Guyana; Adds to Global Deepwater Portfolio

Jun 14, 1999, 01:00 ET from Exxon Corporation

IRVING, Texas, June 14 /PRNewswire/ -- Exxon Corporation (NYSE:   XON) today
announced that its Guyana affiliate, Esso Exploration and Production Guyana,
Limited, (EEPGL) has signed a Production Sharing Contract (PSC) in Georgetown,
Guyana, with Her Excellency President Janet Jagan.  The new Production Sharing
Contract covers the Stabroek Block, which Exxon was awarded in mid-1998.
     The Stabroek Block is located 100-200 miles (160-320 kilometers) offshore
Guyana in 650-10,000 feet (200-3,000 meters) of water and covers approximately
15 million acres.  This will be the first exploration activity in the
deepwater area offshore Guyana.  Exxon holds 100 percent interest in the block
and will be the operator.
     John A. Willott, vice president, Americas Business Unit, Exxon Exploration
Company, who signed the PSC on behalf of EEPGL, said, "We are very pleased to
be exploring in Guyana and look forward to working with the Guyana Geology and
Mines Commission."
     Willott further noted that Exxon's acquisition of this new acreage in
Guyana is part of a larger story of success in the global deepwater.  "This
large Guyana block adds to Exxon's already substantial portfolio of deepwater
opportunities in some of the most prospective frontier areas in the world," he
said.  Exxon currently holds interest in more than 300 deepwater blocks around
the world.
     Willott concluded by noting, "We believe that Exxon's worldwide deepwater
experience and leading edge technology will help to inaugurate a new era in
the history of the Guyanese petroleum industry and we look forward to working
with the Geology and Mines Commission and the people of Guyana."
 

Replies sorted oldest to newest

Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

Rex Tillerson and the Americans decided that a national front Government is better to negotiate with  rather than the corrupt PPP.

Like I said Chief has not advanced past "what to think". His knowledge of English comprehension is very limited. 

FM
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

Chief
Chief posted:
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

And you were there with the Afro Guyanese donning an Afro wig.

FM
Chief posted:
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

No one ever screwed over Sam Hinds.  He agreed that he did not want to take the Presidency and he has remained one of the most loyal people in the PPP.   Unlike your other two best friends.

Bibi Haniffa
Bibi Haniffa posted:
Chief posted:
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

No one ever screwed over Sam Hinds.  He agreed that he did not want to take the Presidency 

Bibi try selling  that to the average Afro Guyanese.

If you can do that then at the same time tell the average  Indians about Moses and Ramjatan, .

 

Chief
Last edited by Chief
Chief posted:
Bibi Haniffa posted:
Chief posted:
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

No one ever screwed over Sam Hinds.  He agreed that he did not want to take the Presidency 

Bibi try selling  that to the average Afro Guyanese.

If you can do that then at the same time tell the average  Indians about Moses and Ramjatan, .

 

I am not selling anything.  I know that for a fact.  Sam Hinds is still a loyal member of the PPP.  I never heard him cry out about the lies you all are trying to sell.

Bibi Haniffa
Billy Ram Balgobin posted:
Chief posted:
Billy Ram Balgobin posted:

Chief,

How would it have been different if Clinton won the election?

Tillerson would not have been Secretary of State.

But he still achieved his objective if my suspicion is right.

Yes he did and that is how America operates regardless who is the President.

Oil is God and Israel is our friend!

Chief
Bibi Haniffa posted:
Chief posted:
Billy Ram Balgobin posted:

Chief,

How would it have been different if Clinton won the election?

Tillerson would not have been Secretary of State.

That is why you should have voted for Trump.  Now all your friends are going be billionaires. 

Bibi how are you?

You did put a smile on my face.GNI is addictive , I came to peek in and now i AM ON MORE THAN AN HOUR.

Chief
Bibi Haniffa posted:
Chief posted:
Bibi Haniffa posted:
Chief posted:
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

No one ever screwed over Sam Hinds.  He agreed that he did not want to take the Presidency 

Bibi try selling  that to the average Afro Guyanese.

If you can do that then at the same time tell the average  Indians about Moses and Ramjatan, .

 

I am not selling anything.  I know that for a fact.  Sam Hinds is still a loyal member of the PPP.  I never heard him cry out about the lies you all are trying to sell.

I know Sam Hinds since 1991. I have met him a few times since then. He is a good man. He told us in 1991 that he was not interested in being president. He just wanted to get the PNC out of power.

FM
skeldon_man posted:
Bibi Haniffa posted:
Chief posted:
Bibi Haniffa posted:
Chief posted:
Bibi Haniffa posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

No.  He never said that about Janet.  He said that about the new cronies who are about to become billionaires.

So did you fools think that Janet and the PPP will be in power forever?

After the PPP screw a balckman , sAM hINDS, Afro Guyanese swore on thier mother that the PPP cannot be trusted.

No one ever screwed over Sam Hinds.  He agreed that he did not want to take the Presidency 

Bibi try selling  that to the average Afro Guyanese.

If you can do that then at the same time tell the average  Indians about Moses and Ramjatan, .

 

I am not selling anything.  I know that for a fact.  Sam Hinds is still a loyal member of the PPP.  I never heard him cry out about the lies you all are trying to sell.

I know Sam Hinds since 1991. I have met him a few times since then. He is a good man. He told us in 1991 that he was not interested in being president. He just wanted to get the PNC out of power.

Sam is a very decent man.

The post of PM is a ceremonial one with no real power. Moses is testimony of this fact. He holds Zero power, his is just a posey cleaner.

FM
Wally posted:

Gilbakka you know that was her call name. As regards to the individual mentioned if  Eleanor Roosevelt letters to her lesbian friend can be analysed by Historians then "malicious rumors" can be analysed by future historians. Historical figures are historical figures

Seems like a lot of people beat!

Mouth open story jump out.

Could it be that is the reason who Joey hated his mother?

Chief
Bibi Haniffa posted:
.

No one ever screwed over Sam Hinds.  He agreed that he did not want to take the Presidency and he has remained one of the most loyal people in the PPP.   Unlike your other two best friends.

Like the pathetic Uncle Tom that he is. No wonder blacks booed him when ever he showed up with his stupid grinning face, lapping up kicks and boxes from Jagdeo.

FM
Gilbakka posted:
 Didn't you see that? Regarding Miles, you're hereby advised not to perpetuate a malicious rumor.

Oh this is new.  In fact rumor had it that she had liaisons with Burnham at the sea wall and was terrified when she got pregnant with Joey.

Deprived of access to black men with the PPP split, no wonder she developed extreme hatred to the community.

FM
Chief posted:

Skeldon man says that is corrupt and dishonesty.

I do not support the politics of the Jagans, but let's be fair, these were probably the ONLY non-corrupt politicians ever grace the dear land of Guyana.  Every other politician try to become an earthly god!

FM
Last edited by Former Member
Chief posted:
Wally posted:

Gilbakka you know that was her call name. As regards to the individual mentioned if  Eleanor Roosevelt letters to her lesbian friend can be analysed by Historians then "malicious rumors" can be analysed by future historians. Historical figures are historical figures

Seems like a lot of people beat!

Mouth open story jump out.

Could it be that is the reason who Joey hated his mother?

You accuse Trump of fake news and you are doing the same crap, except we call it "spreading false rumors". Let her soul rest in peace. Put your PPP coolie hate to rest.

FM
Chief posted:

Skeldonman

Second time for the day you are addressing my respose and fail to address what I am responding to.

GO find your reading glS and read lowly what Wally posted.

Please note that both Wally aND Gilly were insiders.

Gilly wrote "you're hereby advised not to perpetuate a malicious rumor". Gilly knows the Jagans more than all of us combined. I am not buying Wally's rumors.

FM

"The boundaries must be set with individuals with loose tongue". What nonsense is this. I have always kept a closed mouth when it comes to these matters. Unlike the individual herself who did not hesitate to hit below the belt.  When you live in glass houses don't throw stones.  There is a lot more from where this came from.  So let sleeping dogs lie.

FM
Last edited by Former Member
ba$eman posted:
Chief posted:

Skeldon man says that is corrupt and dishonesty.

I do not support the politics of the Jagans, but let's be fair, these were probably the ONLY non-corrupt politicians ever grace the dear land of Guyana.  Every other politician try to become an earthly god!

The Jagans never stole the tax payers money. That is their greatest contribution to the nation.

Prashad
caribny posted:
Gilbakka posted:
 Didn't you see that? Regarding Miles, you're hereby advised not to perpetuate a malicious rumor.

Oh this is new.  In fact rumor had it that she had liaisons with Burnham at the sea wall and was terrified when she got pregnant with Joey.

Deprived of access to black men with the PPP split, no wonder she developed extreme hatred to the community.

I thought this racist liar said he was quitting GNI.  Now the board is going to be contaminated again.

Bibi Haniffa

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