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Hess Corporation
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2016 Barclays CEO Energy-Power Conference
| John Hess | Page 22 of 11 |
November 23, 2024
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"2016 Barclays CEO Energy-Power Conference"
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Offshore Guyana: Stabroek License Liza confirmed as world-class oil discovery Continued exploration of an emerging material deepwater play • Strategic / Portfolio Context - 6.6 MM acres; ~1,150 GoM blocks - Multiple prospects and play types - Liza gross recoverable resource between 800 MM and 1.4 BBOE • Forward Plan - Spud Liza-3 well September 2016 - Further exploration drilling planned and predevelopment activities underway • Asset Details - 30% WI, op. by Esso E&P Guyana Ltd. Liza Water Depth: 5,500-5,700 ft Drilling TD: 18,000-18,800 ft Liza GoM Green Canyon for scale Future Prospects