Tuesday, November 23, 2010
Hess Extends Bakken Footprint with TRZ Energy Deal
"This acquisition strengthens our leading land position in the Bakken, leverages our operating capabilities and infrastructure and will contribute to future reserve and production growth," said Greg Hill, President of Worldwide Exploration and Production at Hess. The transaction has an effective date of October 1, 2010 and is expected to close by December 28, 2010.
Posted courtesy of Rigzone.Com
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