05-06-08 Hess has successfully completed an appraisal well at its Pony discovery located on Green Canyon Block 468 in the deepwater Gulf of Mexico.
The Pony #2 sidetrack well encountered the same objective sands as Pony #1 and #2 wells.

The sidetrack appraisal well reached a measured depth of 33,362 feet from a surface location 7,400 feet northwest of the discovery well. The main pay sand was oil-filled throughout the interval drilled.
This appraisal well was drilled by Diamond Offshore's Ocean Baroness.

This appraisal well is part of a comprehensive ongoing data gathering program that is being conducted over the Pony prospect, which is 100 % owned by Hess. Recoverable resources are estimated to be approximately 200 mm barrels of oil equivalent.
The company is evaluating development concepts for production from the Pony prospect before making a final investment decision.