Amerada Hess Names New Head of Exploration

Amerada Hess Corporation announced that John J. O'Connor has been named President, Worldwide Exploration and Production of Amerada Hess. Mr. O'Connor also will be an Executive Vice President of Amerada Hess and a member of the Board of Directors. Prior to joining Amerada Hess, Mr. O'Connor was President, Worldwide Exploration and Production of Texaco Inc.

John B. Hess, Chairman and Chief Executive Officer of Amerada Hess, said "we are extremely pleased that John O'Connor will be joining Amerada Hess. He has vast experience in the worldwide exploration and production business and a proven track record of successful leadership and improving financial performance. He will be a valuable member of our senior management team."

Prior to joining Texaco in 1998, Mr. O'Connor was Chief Executive Officer and Director of BHP Petroleum in Melbourne, Australia, the oil and gas exploration division of the Broken Hill Proprietary Company Ltd., from 1994 to 1997. He previously served in a wide variety of international management positions with Mobil Oil Corporation.

In August 2001, Amerada Hess completed the acquisition of Triton Energy Ltd. for approximately $3.2 billion which substantially expanded its exploration and production business.