The Rising Influence of Rising Affluence

[Democritus_of_Abdera]

Re: HES (cont).

The border dispute between Venezuela and Guayana concerns the territory west of the Essequibo river… (see: https://en.wikipedia.org/wiki/Venezuelan_crisis_of_1895)

As of now, the productive wells in the Straebock block are east of the Essequibo river and probably not at risk. These include Liza, Pacora, Payara, Snoek, Turbot, Longtail, Hammerhead and Pluma… Only Ranger is close to the line claimed by Venezuela. (This can be seen in slide 9 of the Sept 6, 2018 Barclays CEO Energy-Power Conference; see:

file:///D:/2M%20Finances/01%20Portfolio/a%20Holdings/01%20HES/2018%20Barclays%20CEO%20Energy%20Power%20Conference%20-%20FINAL.pdf