Hess Acquires Interest in New Acreage Offshore Guyana
Hess Corporation Logo header
SEARCH

Hess Acquires Interest in New Acreage Offshore Guyana

  • 02-28-18_Guyana-Map02_1008x567 (5)
04.26.2018

Hess today announced that its subsidiary, Hess Guyana(Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore GuyanaThe Cooperative Republic of Guyana has provided Hess and ExxonMobil an instrument detailing the transfer of interest, which has been completed.

“Our interest in the Kaieteur block extends our company’s already significant acreage position in the prolific Guyana-Suriname Basin, which has delivered seven world class oil discoveries to date,” said CEO   John Hess  . “We look forward to working with our partners and the Government of Guyana to evaluate the potential of this highly prospective acreage.”

Full story​​
Related News
  • Hess to Host Investor Day

    Hess Corporation will hold an Investor Day on December 12, 2018 at 1:00 p.m. CT in Houston, TX. The meeting will feature presentations by CEO John Hess and other members of the Hess leadership team.
    Full story
  • Hess Announces Regular Quarterly Dividend On Common Stock

    The Board of Directors of Hess Corporation today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 31, 2018 to holders of record at the close of business on December 17, 2018.
    Full story
  • American - Malaysian Chamber of Commerce Recognizes Hess for Contribution to Education and Literacy

    Hess Malaysia has been recognized as one of the top corporate citizens in the country at the annual MY AMCHAM CARES event, which seeks to honour those AMCHAM members that have shown a commitment to best practice in corporate social responsibility.
    Full story