Orinduik Proximity to Liza and Exxon Payara PlayPayara Prospect next to be drilled 19 miles NW of Liza 1 end of 2016 Detailed Map link below shows EOG proximity to other Prospects. We are so close... https://www.spectrumgeo.com/wp-content/uploads/Guyana-Liza2.png Payara: Wildcat drilling is simply the process of drilling for hydrocarbons in an area that was previously unproven. As we saw with the Skipjack drilling results, you can do all the 3D seismic surveys you want until you put a drill in the ground you don't truly know what is down there. The Liza well is a massive finding on its own. With the Liza-3 well information, Hess and Exxon are comfortable moving the reserve to the top-end of the range. Oil and gas companies are notoriously conservative, and the tendency is for oil reserves to go up over time as they start production at fields. For Guyana to be a truly transformative oil discovery, they are going to need to find additional productive resources. The waters off Guyana doesn't have any oil production infrastructure sitting idly. When they find an interesting discovery off the coast of Brazil, there is plenty of ships and rigs that can be moved to have a peek. If Payara is successful and has recoverable oil, like Skipjack was hoped to hold, it will likely change how the Stabroek Block is developed. If Hess and Exxon can find two productive wells relatively close to each other, they can build infrastructure out only once in some cases. There are massive cost benefits to developing two fields that are close together at once. For now, we must wait and see; Skipjack looked as good as Payara, and we saw how that panned out. If Payara comes up productive, it will completely change the script for Hess and Exxon in Guyana. A large additional field could catapult Guyana to a world-class oil-producing nation, but for now, it's best to temper expectations. They will likely SPUD Payara in very late 2016 or early 2017. We should know results from this well in mid-to-late Feb. 2017. If Payara is successful, I would expect Hess/Exxon to move quickly, looking to fill in the resource with additional drilling.