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Hess Reports Estimated Results for the Fourth Quarter of 2020


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Business Wire
Hess Reports Estimated Results for the Fourth Quarter of 2020
Fourth Quarter Financial and Operational Highlights:
Net loss was $97 million, or $0.32 per common share, compared with a net loss of $222 million, or $0.73 per common share in the fourth quarter of 2019
Adjusted net loss1 was $176 million, or $0.58 per common share, compared with an adjusted net loss of $180 million, or $0.60 per common share in the prior-year quarter
Completed the sale of the Corporation s 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico for net proceeds of $482 million, after closing adjustments
Oil and gas net production, excluding Libya, averaged 309,000 barrels of oil equivalent per day (boepd), down from 316,000 boepd in the fourth quarter of 2019; Bakken net production was 189,000 boepd, up 9% from 174,000 boepd in the prior-year quarter ....

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Commencement of drilling operations at Bulletwood, 5 Jan 2021 01:00


Commencement of drilling operations at Bulletwood-1, Canje Block, offshore Guyana
Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF) is pleased to note the announcement by the Maritime Administration Department, Guyana, dated 1
st January 2021, that the Stena Carron drillship has arrived on location at the Bulletwood-1 wellsite on the Canje Block, offshore Guyana and has commenced drilling operations.
 
As previously announced, Westmount holds an indirect interest in the Canje Block as a result of its circa 7.2% interest in the issued share capital of JHI Associates Inc. ( JHI )
1. The Canje Block is currently operated by an ExxonMobil subsidiary, Esso Exploration & Production Guyana Limited (35%), with Total (35%), JHI (17.5%) and Mid-Atlantic Oil & Gas Inc. (12.5%) as partners. ....

David King , Stena Carron , Neil Mcdonald , Gerard Walsh , Atlantic Oil Gas Inc , Westmount Energy , Westmount Energy Limited United Kingdom , Esso Exploration Production Guyana , Westmount Energy Ltd , Maritime Administration Department , Associates Inc , Canje Block , Energy Limited , United Kingdom , United States , Esso Exploration , Production Guyana Limited , Mid Atlantic Oil , Late Cretaceous , Upper Cretaceous , Corporate Finance , டேவிட் கிங் , ஸ்டீந கரோன் , நீல் மக்டொநல்ட் , ஜெரார்ட் வால்ஷ் , அட்லாண்டிக் எண்ணெய் வாயு இன்க் ,

Drilling begins at Canje Block offshore Guyana


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Guyana s Maritime Administration Department has said that the
Stena Carron drillship has arrived on location at the Bulletwood-1 wellsite on the Canje Block, offshore Guyana and has commenced drilling operations.
The Canje Block is currently operated by an ExxonMobil subsidiary, Esso Exploration & Production Guyana Limited (35%), with Total (35%), JHI Associates (17.5%) and Mid-Atlantic Oil & Gas Inc. (12.5%) as partners.
Previously published information by JHI indicates that Bulletwood-1 is a 500 million bbl oil prospect targeting a Liza look-alike, confined channel complex, of Late Cretaceous, Campanian, age. Based upon the announcement by the Maritime Administration Department drilling operations are scheduled to be completed at Bulletwood-1 on or before 23 February 2021. ....

Stena Carron , Gerard Walsh , Westmount Energy Ltd , Esso Exploration Production Guyana , Maritime Administration Department , Atlantic Oil Gas Inc , Guyana Maritime Administration Department , Canje Block , Esso Exploration , Production Guyana Limited , Mid Atlantic Oil , Late Cretaceous , Upper Cretaceous , ஸ்டீந கரோன் , ஜெரார்ட் வால்ஷ் , வெஸ்ட்மவுண்ட் ஆற்றல் லிமிடெட் , எஸொ ஆய்வு ப்ரொடக்ஶந் கையந , அட்லாண்டிக் எண்ணெய் வாயு இன்க் , எஸொ ஆய்வு , ப்ரொடக்ஶந் கையந வரையறுக்கப்பட்டவை , நடுவில் அட்லாண்டிக் எண்ணெய் , தாமதமாக கிரேதாஸோஸ் , மேல் கிரேதாஸோஸ் ,