NEW YORK--(BUSINESS WIRE)--Jun. 3, 2009--
Hess Corporation (NYSE: HES) announced today that the Guarani well on
the BM-S-22 license in the Santos Basin offshore Brazil has been drilled
in 2,238 meters of water to a measured depth of 5,424 meters. Drilling
operations are continuing with a sidetrack and coring of the well as
part of an ongoing evaluation program.
Hess holds a 40 percent interest in the license in partnership with
Exxon Mobil (40 percent) and Petrobras (20 percent). Exxon Mobil is
operator of the license.
Hess Corporation, with headquarters in New York, is a global integrated
energy company engaged in the exploration, production, purchase,
transportation and sale of crude oil and natural gas, as well as the
production and sale of refined petroleum products. More information on
Hess Corporation is available at www.hess.com.
Source: Hess Corporation
Hess Corporation
Investor:
Jay
Wilson, 212-536-8940
or
Media:
Jon
Pepper, 212-536-8550