Apr. 2012 - Statoil has farmed into the Deepwater Tano/Cape Three Points license offshore Ghana, which is operated by Hess. Two wells have already been drilled in the DWT/CTP license with a third well, Hickory North-1, underway. Results from this well are expected within the end of second quarter of this year. Hess operates the 518,921 acre (2,100 square kilometer) license with a 90 percent working interest and carries Ghana National Petroleum Corporations (GNPC) costs through the exploration phase. Statoil will assume a 35-percent working interest in the license with Hess retaining a 55 percent working interest and GNPC holding the remaining 10 percent carried interest.

Jun. 2011 - Hess filed a Notice of Discovery with the Minister for Energy of Ghana for the Paradise-1 exploration well in the Deepwater Tano/Cape Three Points license, offshore Ghana. Paradise-1 encountered 490 net feet (149 meters) of oil and gas condensate pay over three different intervals. Drilled by the Maersk Deliverer semisub, the well reached a total depth of 16,436 feet (5,010 meters) in a water depth of 6,038 feet (1,840 meters). Hess will evaluate the drilling results while working with GNPC and the government of Ghana in order to assess the find. Hess is operator of the discovery with a 90% interest in the license, with Ghana National Petroleum Corporation holding the remaining interest.