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Hess Acquires Acreage in the Bakken Shale
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Hess Acquires Acreage in the Bakken Shale
Hess Corporation (HES) said today it has agreed to acquire 167,000 net acres in the Bakken shale in North Dakota from TRZ Energy for $1.05 billion in cash.  The properties are near Hess existing acreage and have current net production of 4,400 barrels of oil equivalent per day.
Video Length: 0
Date Found: November 23, 2010
Date Produced: November 23, 2010
View Count: 0
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