In the last five years Hess has successfully transitioned from an exploration led conventionally biased integrated IOC into a focused pure play E&P company. It high graded legacy assets and re focused its high impact deepwater exploration to deliver sustainable superior returns from five key areas: onshore US (unconventional) deepwater Gulf of Mexico offshore West Africa the Norwegian North Sea and the North Malay Basin. Additionally Guyana has delivered Hess' largest conventional discoveries of the last decade. This focus resulted in new resources of 4.7 billion boe being discovered over the last decade. Future exploration drilling is central to Hess' medium term strategy and the company is committed to conventional exploration across a geographically focused portfolio with risk reduced through partnering. Full details are provided in our report and all data and analysis can be downloaded in excel and pdf format.