Chevron, Hess, Kosmos Finalizing 1st Prospect Test in Suriname

(Energy Analytics Institute, Aaron Simonsky, 30.May.2018) ‐- Kosmos Energy, Chevron Corporation and Hess Corporation are close to finalizing prospects tests in Block 42 in Suriname.

The three companies are finalizing the first of up to three independent tests of prospects in Block 42, announced Kosmos in an official statement last week. This includes the Pontoenoe prospect, which is similar to and along trend from discoveries in Guyana. Kosmos expects drilling to commence in the third quarter of 2018.

Kosmos holds rights in the Block 42 contract area under production sharing contracts with Suriname government’s Staatsolie Maatschappij Suriname N.V. Kosmos, the exploration operator of Block 42, holds a 33.33% interest in the block along partners Chevron and Hess, whom each hold a 33.33% interest in the block.
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