The President of Guyana, David Granger, and the chief executive of Exxon Mobil, Stephen Greenlee, met to discuss the expansion of operations to prospect for oil in coastal waters of the Essequibo region whose sovereignty is claimed by Venezuela.
A government spokesman confirmed Guyana Efe by telephone that Granger Wednesday with Greenlee and a team of executives from Exxon Mobil met in Georgetown to see first hand the progress of the US company in the South American territory.
"I spoke with the president about our progress in the Stabroek block as we prepare for a second drilling campaign," said Greenlee, according to a statement released by the Government of Guyana.
The manager of Exxon Mobil also reiterated their "commitment to the project", which involves an investment of about 200 million.
"Last year we made a discovery in the waters of Guyana who has been very promising, so we want to follow up with data collection to understand the size and potential commercialization of this discovery," Greenlee said.
The executive referred to in the May 2015 discovery of an oil field in the Stabroek block, pierced by the local subsidiary of Exxon Mobil, Esso Exploration and Production Guyana well, which found an oil field more than 90 meters (295 feet ) high quality.
The Stabroek block, located in the basin between Guyana and Suriname, is recognized by the US Geological Survey as the second largest area in the world with oil unexplored.
Back then, the Venezuelan government said the finding with a decree redistributes the Venezuelan territory known areas as operational zones Integral Defense and includes the maritime territory under discussion.
Venezuela and Guyana an ongoing dispute over the Essequibo, an area of about 160,000 square kilometers that Venezuelans demand and accounts for two thirds of Guyana's territory. EFE