ExxonMobil is set to go wildcatting offshore eastern Canada next year, aiming for an ultra-deepwater prospect located in the inhospitable waters of the Orphan basin.

There is a possibility that this frontier probe could be the furthest ever drilled offshore Canada, surpassing the record held by Equinor.

The US supermajor is in the market for a rig to undertake this challenging drilling operation offshore Newfoundland & Labrador, on the heels of its plan to drill an exploration well in the same province’s waters this year.