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Hess explores sale of interests in Russia


Published Nov 13, 2012
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Hess Corporation reported that as part of the company’s strategic reshaping of its portfolio it will pursue the sale of its Russian subsidiary Samara-Nafta, which produces approximately 50,000 barrels of oil equivalent per day in the Volga-Urals region.

Hess has retained Goldman Sachs as its financial adviser in connection with the potential sale.

Tags: Hess Corporation




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