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IS - Stabroek partners upgrade resource estimate to 6 Bboe - August 2019

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Three new discoveries so far this year on the Stabroek Block offshore Guyana, and continued evaluation of 10 previous discoveries, led ExxonMobil and Hess to increase their resource estimate for the block to more than 6.0 Bboe from more than 5.5 Bboe. The Hammerhead-2 and Hammerhead-3 appraisal wells were finished and are being evaluated for future development. “The Hammerhead well results … really demonstrated three things. First of all, both had high-quality reservoirs,” Hess......
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