Current PMO:LN Stock Info

1.4 billion barrel discovery at 11,000 feet - en route to 14,000
Sierra Oil & Gas, Talos Energy and Premier Oil (ticker: PMO) have announced the discovery of a massive oil field in offshore Mexico, with more than 1 billion barrels of oil recoverable. According to the Financial Times, this is the fifth-largest oil discovery in the world in the last five years.

This discovery is the result of the Zama-1 offshore well, which was spudded in late May. Zama-1 is the first private offshore well in Mexico in nearly 80 years. Located about 35 mi...


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