An Important Message For Oilprice Members
← Go back to All Blogs
  • entries
    2,987
  • comments
    149
  • views
    428,852

Viewpoint: How ExxonMobil’s drilling risks offshore Guyana reaped $1 Trillion in rewards

The tale of the Guyana discovery isn’t about taking swashbuckling risks for a huge payoff. Exxon, it turns out, is as much a financial engineering company as an oil explorer. It hedged its bets, reduced its exposure and bought itself an option to make a fortune on an unlikely outcome.

View the full article

Sign in to follow this  
Followers 0

0 Comments

Recommended Comments

There are no comments to display.

Guest
You are posting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×