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Table 1: Notional multi-phase development at Guyana: about $22/sh to Hess
document IMAGES-003-HOUSE_OVERSIGHT_014879.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…t $22/sh to Hess Gross Barrels Full Project NPV Hess 30% Interest NPV net to (mmboe) $MM NPV Hess (mmboe) $mm $mm $/sh Liza Early Production System 425 4258 1,277 $3.9 Phase 1 600 4,932 1,480 $4.6 Phase 2 600 3,821 1,146 $3.5 Liza Total 1,625 13,010 3,903 $12.0 Payara (spec) Ear...

The evolution of cooperation and punishment in animals: Clutton-Brock, T.H (2009). Cooperation
document IMAGES-002-HOUSE_OVERSIGHT_012800.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

* The evolution of cooperation and punishment in animals: Clutton-Brock, T.H (2009). Cooperation between non-kin in animal societies. Nature, 462, 51-57; Clutton-Brock, T.H., & Parker, G.A. (1995). Punishment in animal societies. Nature, 373, 209-216; Hauser, M.D. (2006). Moral M...

Explaining our taste for excessive harm
document TEXT-001-HOUSE_OVERSIGHT_012747.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ridden and toxic substances, thereby lowering the costs of sickness to others who might be exposed. Each of these specializations involve exquisitely designed neural circuits and sensory machinery. Each specialization is used for one and only one problem ⎯⎯ except in humans. Anim...

Top 10 US Ideas Quarterly
document TEXT-001-HOUSE_OVERSIGHT_014622.txt Jan 3, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…n with a stated ramp up to 6 rigs from 2 currently returning the play to growth in 2017.. The first Guyana development (Liza) expected to achieve FID by 2Q17 and which we expect to confirm industry leading economics. Start-up of the first of two major developments – the North Mal...

A Justice Dept. discipline office
document TEXT-001-HOUSE_OVERSIGHT_031396.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

A Justice Dept. discipline office with limited reach to probe handling of controversial child sex abuse case Matt Zapotosky The Justice Department office that handles employee discipline has opened an investigation into whether attorneys committed “professional misconduct” in al...

A Justice Dept. discipline office
document TEXT-001-HOUSE_OVERSIGHT_031415.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

A Justice Dept. discipline office with limited reach to probe handling of controversial child sex abuse case Matt Zapotosky The Justice Department office that handles employee discipline has opened an investigation into whether attorneys committed “professional misconduct” in al...

Price objective basis & risk
document IMAGES-003-HOUSE_OVERSIGHT_014882.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…outlook which assumes a 5.5x DACF multiple and a commodity deck of $67.50 WTI and $70 Brent to which we add $10/ sh for Liza in offshore Guyana. The multiple is based on a finite timeline to delivery which is supported by core NAV. The risks to our price objective are: 1) the oi...

COVER PEOPLE E3i:0eun
document IMAGES-007-HOUSE_OVERSIGHT_023705.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…A, 260, PREVEWTPE Eee ILE IEW =| ORDER UETT RB, JP RTIL PE RE PERL AISEESOFT SA J Oh BCP AEST RAB RE ICMAE A, RUSSERT = LIZA. a RISC EAE TL, ES lOO AMARA DL. LTA BAA. FREE OAR OMS AEDT, = RIN eH, IRD TRA BCE WAY FERMGkAB, FR RLCERE re PTR ASAP, ZED I | PRD. PERU S Stl se ak Fe Hf...

Owner last Name Owner First Name Parcel Address Suite Mailing Address Suite City State Zip
document TEXT-001-HOUSE_OVERSIGHT_016698.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…RICHARD PRICE GORDON W & GILBANE SARAH B GARDINER NANCY T PRAY NATALIE THOMAS KORNEGAY BRYAN B JR & GALLO DENNIS BAIRD ELIZABETH G BEASLEY JANE RICCOBENE MARY MELLON BK TR FREE JAMES C & DODGE JOHN B BROUGHER NANCY M & 400 S OCEAN II LLC & MARROCCO ANTHONY TR GAMMINO ELIZABETH K...

profile investment outlook. Upside risks to our thesis could stem from more favorable
document IMAGES-003-HOUSE_OVERSIGHT_014637.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…outlook which assumes a 5.5x DACF multiple and a commodity deck of $67.50 WTI and $70 Brent to which we add $10/ sh for Liza in offshore Guyana. The multiple is based on a finite timeline to delivery which is supported by core NAV. The risks to our price objective are: 1} the oi...

In other words, 2Q17 marks the low point in oil and gas production, with
document IMAGES-003-HOUSE_OVERSIGHT_014876.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…esearch estimates Our assumptions include a likely project sanction of the first phase ‘early production system’ at the Liza discovery in 2Q17. However, based on discovered oil to date that we believe now easily exceeds 2bn barrels, we believe Hess is on the cusp of a multi-year...

Brockman, Inc. Hotlist
document TEXT-001-HOUSE_OVERSIGHT_025147.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ht- provoking social science works but also to reach and explain our ideas to a broad audience." DARON ACEMOGLU is the Elizabeth and James Killian Professor of Economics in the Department of Economics at the Massachusetts Institute of Technology. He was the recipient of the John...