The President of Exxon Mobil Guyana, in response to inquiries about the country’s estimated oil reserves, currently pegged at about eleven billion barrels, suggested that this figure might rise as exploration continues. However, he cautioned that any additional oil discovered might not be recoverable, indicating the complexities and uncertainties involved in oil extraction. Dacia Richards has the details on these developments, including insights into the technical challenges and economic implications, in her report.
