Hess Corp. (HES) Tops Q2 EPS by 7c
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Hess Reports Estimated Results for the Second Quarter of 2018
July 25, 2018 7:30 AM EDTKey Highlights:
Estimate of gross discovered recoverable resources on the Stabroek Block, offshore Guyana (Hess 30 percent), increased to more than 4 billion barrels of oil equivalent; total discoveries to date have established the potential for up to five FPSOs to produce over 750,000 barrels of oil per day, gross by 2025 Announced an eighth oil discovery on the Stabroek Block, offshore Guyana at the Longtail-1 exploration well located approximately five miles to the west of the Turbot-1 well Announced an agreement to sell... More