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Stock Market & Financial Investment News

News Breaks
January 10, 2014
08:32 EDTHESHess completes sale of Pangkah asset in Indonesia
Hess completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its pre-emption rights, for a total after tax consideration of $650M comprising the sale of equity interests in certain holding entities and certain inter-company debts. The asset, located off the coast of Indonesia, produced an average of 9K barrels of oil equivalent per day net to Hess in the first three quarters of 2013.
News For HES From The Last 14 Days
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August 31, 2015
14:59 EDTHESHess Corp. elevated as WTI oil rally's 8% to $48
Hess Corp. current 30-day call option implied volatility is at 41, compared to a one-month ago level of 31, suggesting large price movement as WTI crude oil trades above $48.

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