NYSE:SMBK - Post Discussion
Post by
Aton on Jan 08, 2019 5:46pm
jjjj
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Hess 30% interest; (Operator: )
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6.6 million acres (equal to 1,150 GoM blocks) and low entry cost
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Nine major oil discoveries to date:
Water Depth: ~5,500 - 11,000 ft Drilling TD: ~17,000 - 23,000 ft
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1 Liza
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2 Liza Deep
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3 Payara
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4 Snoek
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5 Turbot
6 Ranger
7 Pacora
8 Longtail
9 Hammerhead
StabroekExxonMobil 45% (Op) Hess 30% Nexen 25%
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Exceptional reservoir quality and low development costs
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Phase 1 $35/bbl breakeven oil price
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Drill Pluma prospect with the Noble
Tom Madden drillship
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Continue appraisal of Hammerhead discovery
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