RTTNews | Jan 6, 2022 11:08AM EST

11:08 Thursday, January 6, 2022 (RTTNews.com) - Shares of independent energy company Hess Corp. (HES) are up 4 percent on Thursday trading after the company announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana.

These discoveries are expected to add to the block's earlier announced gross discovered recoverable resource estimate of approximately 10 billion barrels of oil equivalent.

Currently at $84.31, the stock has traded between $53.43 and $92.79 during the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3253289/hess-corp-shares-up-4-after-two-discoveries-at-offshore-guyana.aspx)

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