Hess’s entry into the Guyana-Suriname Basin is the highest impact exploration access in the company’s history. The story is about technical capacity, innovation and risk, with a bit of luck thrown in as well. It is a story that is grounded on those brilliant minds that came before us, a complete shift in exploration strategy and a result that has entirely reshaped a mid-sized independent E&P company. In 2014 Hess Corp, after a multi-year hiatus in exploration activity, reset the company’s exploration strategy to focus on the Atlantic Margins. Additionally, the evolution of decades of subsurface knowledge in the Guyana-Suriname Basin was followed by the Stabroek license coming out of Force Majeure, and then evaluation of current 2D and 3D data sets, followed by ExxonMobil and their partner opening a data room. Hess’s shift in strategy and farming into the block turned out to be the classic story of right place, right time. The joint venture is made up of ExxonMobil operating at 45%, Hess at 30%, and CNOOC at 25% working interest. Exploration in Stabroek has followed a discovery trajectory of finding >8 BBOE recoverable in less than 5 years since first discovery at Liza-1 in 2015. Hess secured an early, low cost acreage position across Guyana and Suriname totaling nearly 60,000 km2 or ∼1,500 GoM OCS blocks across the heart of the basin. The joint venture in Stabroek has worked continually to optimize rapid appraisal and repeatable development concepts to maximize value for all the benefiting stakeholders – with, of course, the people of Guyana being the largest interest holder! Uniquely, the development is also occurring at a time when costs are near the bottom of the market. The value therefore unlocked by this opportunity is both company changing and Country changing. It will put Guyana at the very highest production per capita in the world with a plan to produce over 750 kbopd by 2026 and much more future potential to come. This opportunity has allowed Hess to move from 4th to 1st Quartile in exploration performance since 2014 and is delivering a leading position amongst our peers in total shareholder returns.