HESS

Hess Corp. Announces Capital and Exploratory Budget for 2012

“We are committed to creating value and delivering sustainable growth in production and reserves from both our unconventional and conventional portfolios,” says Hess spokesperson. Hess Corp. has announced a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production,

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