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Hess increases stake in Kaieteur Block, offshore Guyana 25 May 2021 (Last Updated May 25th, 2021 15:28) Hess Corporation has increased its stake in Kaieteur Block, offshore Guyana, to 20%. Share Article The Tanager-1 well is currently considered to be non-commercial. Credit: Kevin Harris / Unsplash. Hess Corporation has acquired an additional 5% stake in the Kaieteur Block, offshore Guyana, from Cataleya Energy for an undisclosed sum. The transact...

Westmount Energy welcomes Hess Corps increased stake in Kaieteur Block "We believe this farm-in transaction reflects confidence in the prospective resource potential of the Kaieteur Block and augurs well for the continuing exploration of the area," said Westmount executive chairman Gerard Walsh Westmount Energy Ltd (LON:WTE) noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional working interest (WI) fro...

Westmount Energy welcomes Hess Corps increased stake in Kaieteur Block "We believe this farm-in transaction reflects confidence in the prospective resource potential of the Kaieteur Block and augurs well for the continuing exploration of the area," said Westmount executive chairman Gerard Walsh Westmount Energy Ltd (LON:WTE) noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional working interest (WI) fro...