Exxon adding to Gulf of Mexico position

EnergyReuters

Exxon Mobil Corp on Thursday said it has acquired interest in several blocks in the Gulf of Mexico, where it already has an active drilling program.

Exxon acquired a 20 percent interest in the Phobos prospect and a 35 percent interest in the Thorn prospect in the third quarter, Exxon investor relations executive David Rosenthal told analysts on a conference call.

Continue Reading Below

(Reporting By Anna Driver)