Hess To Boost Spending In 2020 -- January 28, 2020

Link here.

• Focus:
• Guyana
• Bakken ramp-up
• Spend:
• 11% more in 2020 compared with 2019
• betting heavily on offshore Guyana and Bakken
• production guidance:
• 2019: 285,000 boepd
• 2020: upwards of 335,000 boepd
• economics:
• drive breakeven price to below $40/bbl Brent by 2025
• Will report 4Q19 earnings on Wednesday, tomorrow, January 29, 2020 

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Meanwhile, In Canada

37% of Canadians oppose the TransMountain oil pipeline. Link here. 

It looks like 37% of Canadians are happy to have their country closed to business.