Offshore staff

IRVING, Texas -- Exxon Mobil Corp. subsidiary ExxonMobil Exploration and Production Indonesia (Mandar) Ltd. has signed a production-sharing contract (PSC) with the government of Indonesia for the Mandar block in the Makassar Straits offshore West Sulawesi.

This contract will enable exploration activities on the block to begin. ExxonMobil was announced the successful bidder for the Mandar block in the 2006 Indonesian exploration tender round by the government of Indonesia with 100% interest.

The Mandar block, which comprises 1 million acres (4,200 sq km), is in the Southern Makassar basin in water depths ranging from the coastline to more than 2,000 m (6,000 ft).

"The Mandar block augments ExxonMobil's acreage position in the Makassar Straits where we have a PSC in place for the Surumana block from the previous tender round," says Steve Greenlee, vice president of ExxonMobil Exploration Co.

4/2/2007