RE:RE:RE:MAY 2 2019: APACHE Q&A - SURINAMEBelieve the 'overalpping discovery' was in reference to Haimara.
The same analysts (Doug Leggate) also quizzed Hess on their earnings call about Haimara. Specifically, during the Hess call Doug inquired as to whether Hess/Exxon would be going back to test a 'deeper section' in Haimara that had not been tested in the original exploration well.
In addition, Dog asked Hess where does Haimara rank in terms of overall priority - which Hess responded was in the top 3 prospects they want to return to in 2H-2019 to appraise and explore - which includes testing the deeper reservoir section.
Going back to the Apache call - Doug Leggate revealed that when the well (Haimara) was drilled in the adjacent block - an up-dip oil lobe had been identified (or tied) to that well. Doug then asked Apache (based on his understanding of the Haimara well results) - whether or not they would drill a well right targeting the up-dip oil lobe that had been encountered by the adjacent block operators (assuming Exxon/Hess).
In response, Apache underscored they are aware of what is happening in the basin - though have not yet publically disclosed the location of their upcoming exploration well (or wells). It seemed to be me (based on the Apache's CEO tone) - they are expecting to have success in their upcoming exploration program. Further drawing analysts to the overall phenominal propsectivity across their blocks - which goes beyond Haimara.
Apache CEO though acknowledged Doug's interpretation (understanding) by stating "yes, the recent discovery that crosses lease lines bodes well for us and our position in the basin...it's a phenominal block which has shallow-water and deep-water prospects that we can get to - large prospects."
Outside of above dialogue - if Doug is stating there is an oil lobe up-dip of the original Haimara exploration well - that could mean the up-dip might be closeer to Apache's Block 58 and / or CGX's Corentyne block - or, perhaps both.