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BRIEF-ExxonMobil decides to proceed with liza oil development in Guyana

June 16 ExxonMobil Corp:

* ExxonMobil makes final investment decision to proceed with liza oil development in Guyana

* ExxonMobil - initial production system expected to produce up to 120,000 barrels of oil per day

* ExxonMobil - development on track for production startup by 2020; less than five years after discovery

* ExxonMobil - ‍gross recoverable resources on stabroek block have increased to an estimated 2 billion to 2.5 billion oil-equivalent barrels​

* ExxonMobil - gross recoverable resources on stabroek block have increased to an estimated 2 billion to 2.5 billion oil-equivalent barrels

* ExxonMobil - made a final investment decision to proceed with first phase of development for liza field

* ExxonMobil - liza phase 1 development is expected to cost just over $4.4 billion Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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