From a press release today:
New York-based Hess Corporation today announced positive results from the Liza-2 exploration well in the Stabroek block offshore Guyana. The results confirm a world-class oil discovery with estimated recoverable resource for the Liza prospect of between 800 million and 1.4 billion barrels of oil equivalent.
“We are very encouraged by the drilling results to date of the Liza prospect, which we believe has the potential to materially contribute to our resource base and future production growth,” John Hess, CEO of Hess Corporation, said. “In addition to the Liza prospect, we continue to evaluate the resource potential on the broader Stabroek block with additional exploration drilling planned.”
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