Hess, CVX, XOM Guyana: Golden Goose, Tight Holes
By Paul Sankey
Published on March 12, 2024 at 11:22 PM
Heading to Houston next week, following major oil leaders, lots of chat on the biggest oil corporate story right now. In this note we update our delineation of Guyana’s Stabroek block, with a view to the value that is essentially disputed in the takeover battle between Chevron and ExxonMobil for Hess. Many have noted how disclosure on Guyana from XOM was shut down nearly two years ago, and we speculate. We delineate Hess value, as …