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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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September 18, 2014
07:38 EDTHESUBS to hold a conference
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September 17, 2014
10:44 EDTHESHess, PDVSA said to finally find buyer for Hovensa refinery, TankTerminals says
U.S. Virgin Islands Governor John de Jongh said Monday that Hovensa, which is jointly owned by Hess and PDVSA, has agreed in principle with an unidentified buyer for the sale of its refinery assets, though a Hovensa spokesman said Tuesday that the company has no comments on a deal or the governor's comments, reported TankTerminals.com. Reference Link

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