ExxonMobil assumes Frontier Exploration license operatorship

March 5, 2008
ExxonMobil has assumed operatorship of Frontier Exploration License 3/04 from Providence Resources.

Offshore staff

LONDON -- ExxonMobil has assumed operatorship of Frontier Exploration License 3/04 from Providence Resources. The license, which contains the Dunquin exploration prospect, is located in the Porcupine basin, off the west coast of Ireland.

ExxonMobil holds an 80% equity interest in FEL 3/04, with Providence and Sosina each having a 16% and 4% stake, respectively.

03/05/2008