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  • Tioga_Gas_Plant__0311
    10.04.2019

    Hess Corporation to Receive Cash and Equity from Sale of Hess Infrastructure Partners LP to Hess Midstream Partners LP

    Hess will receive approximately $275 million in cash and approximately 115 million newly issued units in Hess Midstream Partners LP (NYSE: HESM) as part of a proposed transaction announced today by HESM.
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  • HESS_DOW JONES 10 YEARS - 16-9 (003)
    09.17.2019

    Hess Named to Dow Jones Sustainability Index North America for Tenth Consecutive Year

    Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the tenth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions.
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  • lizadestiny_cropped
    09.16.2019

    Hess Announces Another Oil Discovery Offshore Guyana at Tripletail

    Hess announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet (33 meters) of a high quality oil bearing sandstone reservoir.
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  • Hess Liza FPSO Offshore Guyana
    08.29.2019

    Hess Announces Arrival of Liza Destiny Offshore Guyana

    Hess announced today that the Liza Destiny, Guyana's first oil production vessel, has arrived at the Stabroek Block. The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from Singapore. This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
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  • LizaDestiny_sailaway_cropped
    08.23.2019

    Hess to Participate in 2019 Barclays CEO Energy-Power Conference

    Hess announced that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 5, 2019 at 7:45 a.m. ET.
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  • UnivWyoming
    08.16.2019

    Hess-Supported Research at UW Attracts $8M in Federal Funds

    The U.S. Department of Energy is contributing $8 million to Hess-supported research at the University of Wyoming to advance recovery of stranded oil from unconventional reservoirs.
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  • OGI
    08.15.2019

    In the Media: Building a Bigger Bakken

    Featured in Oil and Gas Investor's "Building a Bigger Bakken" article, Hess highlights improving cycle times and use of innovative technology to spend less and produce more.
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  • 07.31.2019

    Hess reports estimated results for second quarter of 2019

    Hess today reported a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019, compared with a net loss of $130 million, or $0.48 per common share, in the second quarter of 2018. On an adjusted basis, the Corporation reported a net loss of $28 million, or $0.09 per common share, in the second quarter of 2019, compared with an adjusted net loss of $56 million, or $0.23 per common share, in the prior-year quarter. The improved after-tax adjusted results reflect increased U.S. crude oil production and reduced exploration expenses, partially offset by the impact of lower realized selling prices and higher depreciation, depletion and amortization expenses.
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  • Hess Onshore Rig
    07.08.2019

    Hess  Shows Continued ESG Commitment and Progress in 2018 Sustainability Report

    Hess’ 2018 Sustainability Report provides a comprehensive review of the company’s strategy and performance on environmental, social and governance programs and initiatives.
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  • Hess Monitor Center
    06.26.2019

    Hess Schedules Q2 2019 Earnings Release Conference Call

    Hess will hold a conference call on Wednesday, July 31, 2019 at 10 a.m. ET to discuss its second quarter 2019 earnings release.
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  • Hess E&P Magazine Progression of Completions Article Cover
    06.14.2019

    In the Media: Evolution of Designs Hastens U.S. Shale Boom

    Hess’ financial and production metrics have experienced a marked increase following its move to plug-and-perf (PNP) completion designs and improved well spacing after the price collapse of 2014. The company reported in its December 2018 investor presentation that its adoption of PNP completions is forecast to result in increases in production to about 200,000 boe/d and net present value by about $1 billion.
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