Unconventional

Exploitation

Exploration

Core Position in Emerging Ohio Utica Shale Play
Oil

Wet Gas
1H-6

Dry Gas

 S...
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Hess Position in the Ohio Utica Shale as of November 2013

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A slide/map from Hess' Bank of America Merrill Lynch Global Energy Conference Presentation in November 2013 showing where Hess owns Utica Shale acreage, both 100% and 50% JV with CONSOL Energy. In January 2014 Hess announced a sale of 74,000 acres in the dry gas window of the Utica to an unnamed buyer for $924 million.

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Hess Position in the Ohio Utica Shale as of November 2013

  1. 1. Unconventional Exploitation Exploration Core Position in Emerging Ohio Utica Shale Play Oil Wet Gas 1H-6 Dry Gas  Strategic / Portfolio Context Jefferson 3H-3 1H-23 Harrison 1H-24 WV 4H-20 1H-17 Guernsey Nbl16 2H-9 PA 1H-34 Belmont Hess 100% (op) Hess 50% Consol 50% Noble • Offers material growth potential 2015+ • JV acreage in wet gas sweet spot • Leverages Bakken capability • Focus on appraising wet gas acreage; holding dry gas acreage Nbl1A Hess 100% wells Hess 50% Consol 50% 30 Miles Operator Well No County Well Result (24 Hr Test) Hess NAC 3H-3 Jefferson 1,833 boe/d, 0% Liquids Hess 4H-20 Jefferson 1H-34 Belmont 2,985 boe/d, 29% Liquids Hess 2H-9 Belmont 2,242 boe/d, 42% Liquids • Hess acreage − − − − 100% W.I. 84% N.R.I ~95,000 net acres ~5 wells planned in 2013 1,250 boe/d, 0% Liquids Hess  Asset Details Hess 1H-17 Belmont 3,421 boe/d, 21% Liquids Hess 1H-6 Harrison 1,432 boe/d, 20% Liquids Hess 1H-23 Harrison 2,251 boe/d, 57% Liquids Hess 1H-24 Harrison 2,519 boe/d, 52% Liquids CNX Nbl1A Noble 1,950 boe/d, 39% Liquids CNX Nbl16 Noble 3,604 boe/d, 61% Liquids • JV acreage − − − − 50% W.I. 98% gross N R I N.R.I. ~65,000 net acres ~20 wells planned in 2013 15

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