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12/17/2008Hess Announces Results of Africa Exploration Drilling
NEW YORK, Dec 17, 2008 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) announced today the outcome of its recent exploratory drilling program in Africa. In Libya, well A1-54/01 in the Arous Al-Bahar prospect was drilled to a depth of 11,077 feet in 2,807 feet of water. The well encountered a gross hydrocarbon section of approximately 500 feet at various intervals. Hess holds a 100 percent working interest in Area 54, which is located 38 miles offshore in ... 
12/08/2008Timothy B. Goodell Named General Counsel Of Hess Corporation
NEW YORK--(BUSINESS WIRE)--Dec. 8, 2008--Hess Corporation announced today that Timothy B. Goodell has been appointed Senior Vice President and General Counsel, effective January 5, 2009. Goodell has been a partner in the law firm White & Case, where he has worked since 1984. He is currently a member of the firm's Partnership Committee. He has extensive experience in mergers and acquisitions, financings, securities and corporate governance. Go... 
12/08/2008Hess Corporation Announces Capital and Exploratory Budget for 2009
NEW YORK--(BUSINESS WIRE)--Dec. 8, 2008--Hess Corporation (NYSE: HES) announced today a $3.2 billion capital and exploratory expenditure program for 2009. Approximately $3.1 billion is targeted for Exploration and Production, with $1.4 billion for production, $900 million for developments and $800 million for exploration. John B. Hess, Chairman and CEO, stated, "Our company has excellent investment opportunities. However, the uncertain econom... 
12/04/2008Hess Announces Commencement of JDA Phase 2 Gas Sales
NEW YORK--(BUSINESS WIRE)--Dec. 4, 2008--Hess Corporation (NYSE: HES) announced today that on November 12 natural gas sales commenced from the Phase 2 development of Block A-18 in the Malaysia-Thailand Joint Development Area (JDA), in the Gulf of Thailand. Hess Corporation and Petronas Carigali each have a 50 percent working interest in Block A-18. The JDA facilities have produced at an average gross rate of 780 million cubic feet per day sin... 
12/03/2008Hess Corporation Announces Regular Quarterly Dividend On Common Stock
NEW YORK, Dec 03, 2008 (BUSINESS WIRE) -- The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on January 2, 2009 to holders of record at the close of business on December 19, 2008. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale o... 
11/03/2008New Hess Toy Truck Delivers Loads of Fun This Holiday Season
NEW YORK (November 3, 2008) – Hess Corporation today announced the newest addition to its renowned collection of holiday toy trucks: The 2008 Hess Toy Truck and Front End Loader. This first-ever construction vehicle from Hess reinforces the company’s 44-year commitment to quality, durability, safety and craftsmanship. Packing more sounds, lights and working parts than ever, the two-in-one heavy-duty chrome detailed hauler is sure to be a favorite of children and collectors alike. The 2008 Hess T... 
10/29/2008Hess Reports Estimated Results for the Third Quarter of 2008
PDF (Printer Friendly) Third Quarter Highlights: Net Income was $775 million compared with $395 million in third quarter 2007 Cash flows from operations were $1.2 billion compared with $863 million in third quarter 2007 Oil and gas production was 361,000 barrels per day, up from 357,000 in third quarter 2007 Debt to capitalization ratio decreased to 24.3 percent at September 30, 2008, from 28.9 percent at December 31, 2007 NEW YOR... 
10/14/2008Hess Launches C-Neutral Energy Program - Nation’s First Carbon - Neutral Total Energy Offering for C&I Customers
One-stop shop for up to 100 percent carbon-neutral natural gas, electricity and fuel oil Program meets growing interest from commercial and industrial customers to reduce carbon footprint C-Neutral is part of an expanded suite of energy solutions from a leading total energy provider Additional information and contacts at http://www.hessenergy.com/green/carbon.htm WOODBRIDGE, N.J. (October 15, 2008) – Hess Corporation (NYSE:HES) today announced the launch of its Hess C-Neutral program to c... 
10/08/2008Hess Schedules Earnings Release Conference Call
NEW YORK, Oct 08, 2008 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, October 29, at 10 a.m. Eastern Daylight Time to discuss its third quarter 2008 earnings release. To phone into the conference call, parties in the United States should dial 1-866-770-7120 and enter the pass code 68225663 after 9:45 a.m. Outside the United States, parties should dial 1-617-213-8065 and enter the pass code... 
10/03/2008Boston Red Sox Home Run Campaign a Major Hit
$100,000 RAISED FOR CHILDREN HESS CORPORATION TO PRESENT CHECK TO JIMMY FUND THROUGH THE RED SOX FOUNDATION AND CHILDREN’S HOSPITAL BOSTON DURING PRE-GAME ON SEPTEMBER 26 BOSTON, September 26, 2008 – Hess Corporation will present two checks — one to the Jimmy Fund through the Red Sox Foundation and the other to the Children’s Hospital Boston’s Trauma Program — totaling $100,000, as part of a home run program kicked off on Boston Red Sox’ home opening day. Aric Morrison, a Hess ... 
09/22/2008Hess Corporation Donates $3 Million To Gulf Coast Ike Relief Fund
NEW YORK--(BUSINESS WIRE)--Sept. 22, 2008--Hess Corporation (NYSE: HES) announced that it has donated $3 million to the Gulf Coast Ike Relief Fund. "We are deeply concerned for the welfare of the people suffering from the devastation caused by Hurricane Ike in Houston and the Gulf Coast," said John Hess, Chairman of the Board and CEO of Hess Corporation. "To support the relief efforts in the broader community, we are donating $3 million to the Gulf Coast Ike Relief Fund. This fun... 
09/04/2008Hess Announces Nimblefoot-1 Natural Gas Discovery in Australia
NEW YORK--(BUSINESS WIRE)--Sept. 4, 2008--Hess Corporation (NYSE: HES) announced today that the Nimblefoot-1 exploration well on Australia's Northwest Shelf discovered natural gas. The well encountered 93 feet (28 meters) of net gas pay. Nimblefoot-1 is the third of four initial exploration wells being drilled on the WA-390-P Permit by Hess in 2008. The previous wells, Glencoe-1 and Briseis-1, were announced as discoveries on June 10, 2008 and July 20, 2008, respectively. "Th... 
09/03/2008Hess Corporation Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--Sept. 3, 2008--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on September 30, 2008 to holders of record at the close of business on September 16, 2008. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natura... 
07/30/2008Hess Reports Estimated Results for the Second Quarter of 2008
Launch or save PDF version Second Quarter Highlights: Net Income was $900 million compared with $557 million in second quarter 2007 Cash flows from operations were $1.7 billion compared with $1.2 billion in second quarter 2007 Oil and gas production was 393,000 barrels per day, up from 378,000 in second quarter 2007 Debt to capitalization ratio decreased to 26.2 percent at June 30, 2008, from 28.9 percent at December 31, 2007 NEW YORK, Jul 30, 2008 (BUSINESS WIRE) -- Hess Corporatio... 
07/20/2008Hess Announces Briseis-1 Natural Gas Discovery in Australia
NEW YORK--(BUSINESS WIRE)--July 20, 2008--Hess Corporation (NYSE: HES) announced today that the Briseis-1 exploration well on Australia's Northwest Shelf discovered natural gas in Jurassic and Triassic sandstones. The well encountered 151 feet (46 meters) of net gas pay, in line with pre-drill estimates. Briseis-1 is the second of four exploration wells being drilled on the WA-390-P Permit by Hess in 2008 and follows the successful Glencoe-1 well, which was announced as a discovery Ju... 
07/02/2008Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--July 2, 2008--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, July 30, at 10 a.m. Eastern Daylight Time to discuss its second quarter 2008 earnings release. To phone into the conference call, parties in the United States should dial 1-866-825-1709 and enter the pass code 93771535 after 9:45 a.m. Outside the United States, parties should dial 1-617-213-8060 and enter the pass code 93771535. This conference ca... 
06/10/2008Hess Announces Glencoe-1 Natural Gas Discovery in Australia
NEW YORK--(BUSINESS WIRE)--June 10, 2008--Hess Corporation (NYSE: HES) announced today that the Glencoe-1 exploration well on Australia's Northwest Shelf discovered natural gas in Upper Jurassic sandstones. The well encountered 92 feet (28 meters) of net gas pay, in line with pre-drill estimates and nearby Jurassic discoveries. Glencoe-1 is the first of four exploration wells being drilled on the WA-390-P Permit by Hess in 2008. "While recognizing this well is only the first in ou... 
06/05/2008Hess Announces Results of Pony Appraisal Well
NEW YORK--(BUSINESS WIRE)--June 5, 2008--Hess Corporation (NYSE: HES) announced today the successful completion of an appraisal well at its Pony discovery located on Green Canyon Block 468 in the deepwater Gulf of Mexico. The Pony #2 sidetrack well encountered the same objective sands as Pony #1 and #2 wells. The sidetrack appraisal well reached a measured depth of 33,362 feet from a surface location 7,400 feet northwest of the discovery well. The main pay sand was oil-filled thro... 
06/04/2008Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--June 4, 2008--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on June 30, 2008 to holders of record at the close of business on June 16, 2008. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as ... 
05/23/20082008 Hess Mini Toy Truck Brings Twice the Fun to Collectors and Kids
NEW YORK, May 23 /PRNewswire-FirstCall/ -- A recreational van with an accompanying dune buggy makes its debut today as part of Hess Corporation's collectible Miniature Truck series. Paying tribute to a popular holiday Hess Toy Truck from the past, the 2008 Mini Toy Truck packs craftsmanship and value into this pair of miniature vehicles. The 2008 Hess Miniature Recreation Van is on sale at participating Hess and Hess Express retail stores for $6.99 plus tax -- batteries are includ... 
04/30/2008Hess Reports Estimated Results for the First Quarter of 2008
First Quarter Highlights: Income was $759 million compared with $370 million in first quarter 2007 Cash flows from operations were $1,176 million compared with $639 million in first quarter 2007 Oil and gas production was 391,000 barrels per day, up from 382,000 in first quarter 2007 Debt to capitalization ratio decreased to 26.9 percent at March 31, 2008, from 28.9 percent at December 31, 2007 NEW YORK, Apr 30, 2008 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) reported net income of $7... 
04/08/2008Every Boston Red Sox Home Run Televised on NESN in 2008 to Help Children With Medical Needs
Hess Corporation Announces Home Run Campaign to Support Jimmy Fund and Children's Hospital Boston BOSTON, April 8, 2008 /PRNewswire-FirstCall/ -- Hess Corporation today announced that Red Sox home runs this baseball season will help support children with medical needs through the Jimmy Fund and the Children's Hospital Boston's Trauma Program. Hess Corporation will donate $500 for every home run hit during a New England Sports Network (NESN) televised ... 
04/04/2008Hess Schedules Earnings Release Conference Call
NEW YORK, Apr 04, 2008 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 30, at 10 a.m. Eastern Daylight Time to discuss its first quarter 2008 earnings release. To phone into the conference call, parties in the United States should dial 1-866-831-6270 and enter the pass code 65091113 after 9:45 a.m. Outside the United States, parties should dial 1-617-213-8858 and enter the pass code 65091113. This conference call will ... 
03/18/2008Hess Corporation Announces Results of Pony #2 Well
NEW YORK--(BUSINESS WIRE)--March 18, 2008--Hess Corporation (NYSE: HES) announced today the results of its Pony #2 appraisal well located on Green Canyon Block 468 in the deepwater Gulf of Mexico. The appraisal well was drilled at a location 1.5 miles northwest of the discovery well and reached a measured depth of 32,900 feet. The Pony #2 well encountered the objective target sands in a down-dip position in the water leg. Following wire-line evaluation and pressure data collection... 
03/05/2008Hess Corporation Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--March 5, 2008--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on March 31, 2008 to holders of record at the close of business on March 17, 2008. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, a... 
02/13/2008Hess Corporation Unveils Demand Response Program
- Financial Incentives, Insight And Tools From A Leading Total Energy Provider - Helps Commercial And Industrial Customers Effectively Manage Their Power Demand - Reduces Strain On East Coast Power Grids WOODBRIDGE, N.J., Feb. 13 /PRNewswire-FirstCall/ -- Hess Corporation (NYSE: HES) today announced the launch of the Hess Demand Response program to commercial and industrial customers. Through its demand response program, Hess's Energy ... 
01/30/2008Hess Reports Estimated Results for the Fourth Quarter of 2007
Fourth Quarter Highlights: -- Net Income was $510 million compared with $359 million in fourth quarter 2006 -- Cash flows from operations were $806 million compared with $779 million in fourth quarter 2006 -- Oil and gas production was 390,000 barrels per day, up from 366,000 in fourth quarter 2006 -- Reserve replacement was 167 percent in 2007; reserve life increased to 9.5 years NEW YORK, Jan 30, 2008 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) reported net income of $510 ... 
01/11/2008Sachin Mehra Named Treasurer of Hess Corporation
NEW YORK--(BUSINESS WIRE)--Jan. 11, 2008--Hess Corporation (NYSE: HES) has named Sachin Mehra as Vice President and Treasurer of the Corporation effective March 1, 2008. Mr. Mehra replaces Robert J. Vogel, who will retire from Hess after 18 years of service. Mr. Mehra joined Hess in April 2007 as Vice President and Deputy Treasurer. Previously, he worked for 10 years at General Motors Corp. in a variety of treasury-related functions in New York, Singapore, Brussels and Shanghai. ... 
01/08/2008Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Jan. 8, 2008--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, January 30, at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2007 earnings release. To phone into the conference call, parties in the United States should dial 1-866-578-5788 and enter the pass code 15984962 after 9:45 a.m. Outside the United States, parties should dial 1-617-213-8057 and enter the pass code 15984962. This conference...