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Stock Market & Financial Investment News

News Breaks
December 12, 2012
08:02 EDTHESHess Corp. announces Pecan-1 discovery in offshore Ghana
Hess Corporation filed a notice of discovery with the Ghana National Petroleum Corporation for the Pecan-1 exploration well located in the Deepwater Tano / Cape Three Points license offshore Ghana, which has encountered 245 net feet of oil pay in two separate Turonian intervals. Hess currently has a 90% interest in the block. The Ghana National Petroleum Corporation (GNPC) holds the remaining 10%. The Pecan-1 well was drilled to a total depth of 15,420 feet in a water depth of 8,245 feet. Pecan-1 is Hessí fifth discovery on the block. Pre-development and further exploration activities are planned in 2013.
News For HES From The Last 14 Days
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December 16, 2014
12:22 EDTHESAnadarko, BG Group 'widely seen' as targets amid oil slump, FT says
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09:59 EDTHESOn The Fly: Analyst Downgrade Summary
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07:30 EDTHESHess Corp. downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Hess to Equal Weight citing relative outperformance vs. Bakken names and another reduction in oil price forecasts and capex reductions. Price target lowered to $73 from $101.
December 15, 2014
08:56 EDTHESHess Corp. coverage resumed with a Buy at Goldman
Target $92.
December 12, 2014
09:35 EDTHESActive equity options trading
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December 11, 2014
07:28 EDTHESHess volatility elevated as oil trades near 65-month low
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