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ExxonMobil Confirms Successful Bid in Indonesia Exploration Licensing Round; Company to Evaluate Additional Indonesian Oil and Gas Opportunities.


IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to  -- Exxon Mobil Corporation Exxon Mobil Corporation

U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores.
 (NYSE NYSE

See: New York Stock Exchange
:XOM XOM Exxon Mobil Corporation (stock symbol)
XOM X/Open Object Management
XOM OSI-Abstract-Data Manipulation API
XOM Xml Object Model
XOM X/Open Osi Abstract Data Manipulation
) confirmed its subsidiary, Esso Exploration International Limited, was high bidder on Surumana block located in the Makassar Straits off the coast of Sulawesi in the latest Indonesian tender. The Oil and Gas Directorate of the Ministry of Energy and Mineral Resources announced the results of their 2005 Indonesian Exploration Tender Round on June 2.

"We are pleased to add this prospective acreage to our Indonesian portfolio," said Steve Greenlee, vice president of Esso Exploration International Limited.

The Surumana block, which comprises 1,320k acres (5,340 square kilometers), is located in the North Makassar Basin offshore in water depths ranging from a few feet (few meters) to more than 6,562 feet (2,000 meters).

CAUTIONARY STATEMENT: Estimates, expectations, and business plans in this release are forward-looking statements. Actual future results, including project plans and schedules, could differ materially due to changes in market conditions affecting the oil and gas industry or long-term oil and gas price levels; political or regulatory developments; the outcome of exploration projects; the outcome of commercial negotiations; and other factors discussed under the heading "Factors Affecting Future Results" in the Investor Information section of our website (www.exxonmobil.com) and in Item 1A of our most recent Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 19, 2006
Words:211
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