Guyana energy minister Raphael Trotman told the Associated Press that the Liza-2 appraisal well had encountered hydrocarbons and that ExxonMobil was planning the next well in its drilling campaign.

Such a result was not unexpected and ExxonMobil indicated it planned to perform a production test on the appraisal well to learn more about the performance of the Liza reservoir following the initial discovery in 2015, which some have said could be upwards of 700 million barrels.

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