Exxon Mobil: Interested in Exploring for Oil in Afghanistan

Date : 07/02/2012 @ 3:12PM
Source : Dow Jones News
Stock : Exxon Mobil Corp. (XOM)
Quote : 80.12  -0.74 (-0.92%) @ 4:16PM

Exxon Mobil: Interested in Exploring for Oil in Afghanistan

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   By Tom Fowler 

HOUSTON--Exxon Mobil Corp. (XOM) told Afghanistan's Ministry of Mines it is interested in bidding on the right to explore for oil and gas in the country.

A spokesman for the Irving, Texas-based energy giant said Monday a unit of the company, Esso Exploration International Ltd., filed an "expression of interest" in the Afghan-Tajik Basin over the weekend.

The filing "is part of our ongoing evaluation of oil and gas resources around the world," Exxon spokesman Alan Jeffers said.

The filing will give Exxon access to seismic and well log data in and around the area that is being offered for bid in Northern Afghanistan, near the city of Mazari-Sharif.

Bids will be accepted in the fall.

   Write to Tom Fowler at tom.fowler@wsj.com 

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