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12/20/2006Hess Corporation Announces First Oil Production From Okume Complex Offshore Equatorial Guinea
NEW YORK--(BUSINESS WIRE)--Dec. 20, 2006--Hess Corporation (NYSE: HES) and its partners,Tullow Oil and GEPetrol, announced today that crude oil production has commenced from the Okume Complex off the coast of Equatorial Guinea. First oil was achieved on December 14, 2006 at the Okume "B" Platform. Production will grow during 2007 as infield drilling progresses until gross peak production of 60,000 barrels per day is achieved during 2008. Hess is the operator of the Okume Complex w... 
12/19/2006Hess Corporation Announces 2007 Capital and Exploratory Budget
NEW YORK--(BUSINESS WIRE)--Dec. 19, 2006--Hess Corporation (NYSE: HES) today announced a $3.6 billion capital and exploratory expenditure budget for 2007. Approximately $3.5 billion is planned for Exploration and Production and $75 million for Marketing and Refining. Excluded from the 2007 program is the company's recently announced $378 million acquisition of a 28 percent interest in the Genghis Khan Field, in the deepwater Gulf of Mexico, which is expected to close within the next 3... 
12/06/2006Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--Dec. 6, 2006--On December 6, 2006 the Board of Directors of Hess Corporation (NYSE: HES) declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on January 2, 2007 to holders of record at the close of business on December 15, 2006. CONTACT: Hess Corporation Investor: Jay Wilson, 212-536-8940 or Media: James Allen, 212-536-8550 ... 
12/05/2006Phu Horm Field Starts Production
NEW YORK--(BUSINESS WIRE)--Dec. 5, 2006--Hess Corporation (NYSE: HES) announced today that natural gas production commenced on Nov. 30 from the Phu Horm Field, located in northeast Thailand. Gross natural gas production is approximately 60 million cubic feet per day from two wells. Production is expected to increase to a rate in excess of 100 million cubic feet per day when additional wells are completed during 2007. Construction commenced in December 2005 following the signin... 
12/01/2006Hess Corporation Mandatory Conversion of Preferred Stock
NEW YORK--(BUSINESS WIRE)--Dec. 1, 2006--Hess Corporation (NYSE: HES) today announced the mandatory conversion of 13,500,000 shares of its 7.00% Mandatory Convertible Preferred Stock into newly-issued shares of its common stock. Each share of the Preferred Stock has automatically been converted into 2.4915 shares of common stock. No fractional shares of the Corporation's common stock will be issued as a result of the mandatory conversion. In lieu of any fractional share otherwise ... 
11/13/2006Hess Corporation Acquires 28 Percent Interest in Genghis Khan Oil and Gas Development in Deepwater Gulf of Mexico
NEW YORK--(BUSINESS WIRE)--Nov. 13, 2006--Hess Corporation (NYSE:HES), with partners BHP Billiton and Repsol YPF, announced today the purchase of the Genghis Khan oil and gas development in the deepwater Gulf of Mexico from Anadarko Petroleum Corporation for $1.35 billion. Hess' net investment for its 28 percent interest in the acquisition will be $378 million. Genghis Khan, located in Green Canyon blocks 652 and 608, is part of the same geologic structure as the recently sanction... 
11/01/2006Hess Announces Quarterly Dividend on Preferred Stock
NEW YORK--(BUSINESS WIRE)--Nov. 1, 2006--The Board of Directors of Hess Corporation (NYSE: HES) today declared a quarterly dividend of 87.5 cents per share payable on the Mandatory Convertible Preferred Stock of the Corporation on December 1, 2006 to holders of record at the close of business on November 15, 2006. CONTACT: Hess Corporation Investors: Jay R. Wilson, 212-536-8940 or Media: James Allen, 212-536-8... 
10/25/2006Hess Reports Estimated Results for the Third Quarter of 2006
Click here for PDF version NEW YORK--(BUSINESS WIRE)--Oct. 25, 2006--Hess Corporation (NYSE: HES) reported net income of $297 million for the third quarter of 2006 compared with net income of $272 million for the third quarter of 2005. The third quarter 2006 results include a $105 million charge related to a United Kingdom supplementary tax enacted in July 2006. See the following page for a table and description of items affecting the comparability of earnings between periods. The a... 
10/02/2006Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Oct. 2, 2006--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, October 25 at 10:00 a.m. Eastern Daylight Time to discuss its third quarter 2006 earnings release. To phone into the conference call, parties in the United States should dial 1-800-901-5241 and enter the pass code 86258893 after 9:45 a.m. Outside the United States, parties should dial 1-617-786-2963 and enter the pass code 86258893. This conference ca... 
09/07/2006Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--Sept. 7, 2006--On September 6, 2006 the Board of Directors of Hess Corporation (NYSE: HES) declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on September 29, 2006 to holders of record at the close of business on September 18, 2006. CONTACT: Hess Corporation Investors: Jay Wilson, 212-536-8940 or Media: James Allen, 212-536-8550... 
08/02/2006Hess Announces Quarterly Dividend on Preferred Stock
NEW YORK--(BUSINESS WIRE)--Aug. 2, 2006--The Board of Directors of Hess Corporation (NYSE: HES) today declared a quarterly dividend of 87.5 cents per share payable on the Mandatory Convertible Preferred Stock of the Corporation on September 1, 2006 to holders of record at the close of business on August 15, 2006. CONTACT: Hess Corporation Jay R. Wilson, 212-536-8940 SOURCE: Hess Corporation ... 
08/01/2006Hess Corporation to Contribute $20 Million for Educational Initiative in Equatorial Guinea
NEW YORK, Aug 01, 2006 (BUSINESS WIRE) -- Hess Corporation (NYSE:HES) has joined with the Republic of Equatorial Guinea in a $40 million program to support education in the West African country. Hess and Equatorial Guinea are each committing $20 million over the next five years. The program, which is to strengthen the country's educational system for children ages 6 to 18, will focus on training for teachers, new learning initiatives and infrastructure development for schools. The progr... 
07/26/2006Hess Reports Estimated Results for the Second Quarter of 2006
Click here for PDF version NEW YORK--(BUSINESS WIRE)--July 26, 2006--Hess Corporation (NYSE:HES) reported net income of $565 million for the second quarter of 2006 compared with net income of $299 million for the second quarter of 2005. See the following page for a table of items affecting the comparability of earnings between periods. The after-tax results by major operating activity were as follows: Three months Six months ... 
07/13/2006Hess Confirms Pony Deepwater Discovery in Gulf of Mexico
NEW YORK--(BUSINESS WIRE)--July 13, 2006--Hess Corporation (NYSE: HES) announced today drilling results for its Pony Prospect, on Green Canyon Block 468, in the Gulf of Mexico. The well was drilled to a total depth of 32,448 feet and encountered 475 feet of oil saturated sandstones in Miocene age reservoirs, based on wireline log evaluation. Hess will next drill an appraisal sidetrack well approximately 4,000 feet to the northeast. Whole rock cores and wireline logs will be obtai... 
07/05/2006Hess Schedules Earnings Release Conference Call
NEW YORK, Jul 05, 2006 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, July 26th at 10:00 a.m. Eastern Daylight Time to discuss its second quarter 2006 earnings release. To phone into the conference call, parties in the United States should dial 1-800-901-5241 and enter the pass code 86258893 any time after 9:45 a.m. Outside the United States, parties should dial 1-617-786-2963 and enter the pass code 86258893. This conferen... 
06/26/2006Hess Contributes to Indonesian Earthquake Relief
NEW YORK--(BUSINESS WIRE)--June 26, 2006--Hess Corporation (NYSE:HES) today announced that it is contributing $1 million for disaster relief efforts in Indonesia, where devastation from an earthquake in the Yogyakarta area of central Java killed more than 5,000 people and left more than 250,000 homeless. The company will donate half of the $1 million in relief funds to the International Medical Corps to provide critically needed medical supplies and half to CARE Indonesia to provi... 
06/07/2006Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--June 7, 2006--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, 2006 to holders of record at the close of business on June 16, 2006. This dividend reflects the effect of the 3 for 1 split of the Common Stock of the Corporation on May 31, 2006. CONTACT: Hess Corporation Jay R. Wilson, 212-536-8940 SOURCE... 
06/05/2006Atlantic and Cromarty Fields Commence Production
NEW YORK--(BUSINESS WIRE)--June 5, 2006--Hess Corporation (NYSE:HES) and BG Group today announced the commencement of gas production from their jointly developed Atlantic and Cromarty fields in the UK sector of the North Sea. "The Atlantic and Cromarty developments represent a significant addition to our North Sea production portfolio as well as an important new resource for the UK energy market. It also adds to Hess' record of success in advancing the boundaries of subsea product... 
05/17/2006Hess Provides Update on Pony Well in Gulf of Mexico
NEW YORK--(BUSINESS WIRE)--May 17, 2006--Hess Corporation (NYSE: HES) announced today preliminary drilling results for its Pony Prospect, on Green Canyon Block 468, in the Gulf of Mexico. The Pony well encountered approximately 300 feet of net pay based on logging-while-drilling data. The well is currently at a depth of 29,658 feet and has a planned total depth of 32,500 feet. There are additional objective sections still to be tested beneath the current depth. A full suite of logs wi... 
05/11/2006Hess Corporation to Webcast Investor Presentation
NEW YORK--(BUSINESS WIRE)--May 11, 2006--Hess Corporation (NYSE: HES) will host an Investor Presentation on Friday, May 19, 2006. The presentation will begin at 8:00 a.m. EDT and is expected to conclude at approximately 12:00 p.m., and can be accessed through the Investor Relations section of the company's website, www.hess.com. An archived version will be available on the website within several hours after the call is completed. About Hess Corporation Hess Corporation, headq... 
05/08/2006Hess Corporation Sells Onshore Gulf Coast Properties
NEW YORK--(BUSINESS WIRE)--May 8, 2006--Hess Corporation (NYSE:AHC) announced today that it has entered into a transaction with a privately held company to sell substantially all of its onshore oil and gas producing assets along the Gulf Coast of Texas, Louisiana and Mississippi. The properties include approximately 65 producing wells located in 12 fields. These wells are currently producing at a combined net rate of approximately 2,600 barrels of oil equivalent per day. The majority ... 
05/03/2006Hess Announces Quarterly Dividend on Preferred Stock
NEW YORK, May 03, 2006 (BUSINESS WIRE) -- The Board of Directors of Hess Corporation (NYSE: HES) today declared a quarterly dividend of 87.5 cents per share payable on the 7% Mandatory Convertible Preferred Stock of the Corporation on June 1, 2006 to holders of record at the close of business on May 15, 2006. About Hess Corporation Hess Corporation, headquartered in New York, is a global integrated energy company engaged in the exploration for and the production, purchase, transporta... 
05/03/2006Amerada Hess Changes Name to Hess Corporation and Announces Three-for-one Stock Split; Company's Stock to Commence Trading Under Symbol ``HES'' on May 9, 2006
NEW YORK, May 03, 2006 (BUSINESS WIRE) -- Amerada Hess Corporation (NYSE:AHC) announced today that it received the necessary number of votes at today's Annual Meeting of Shareholders to approve the change of its corporate name to "Hess Corporation" and an increase in the number of authorized shares from 200 million to 600 million, in order to effect a stock split. "The 'HESS' brand is firmly established in our marketing and refining operations, readily recognized by our customers and in ... 
04/26/2006Amerada Hess Reports Estimated Results for the First Quarter of 2006
Click here for PDF version NEW YORK, Apr 26, 2006 (BUSINESS WIRE) -- Amerada Hess Corporation (NYSE: AHC) reported net income of $695 million for the first quarter of 2006 compared with net income of $219 million for the first quarter of 2005. See the following page for a table of items affecting the comparability of earnings between periods. The after-tax results by major operating activity are as follows: Three months ended ... 
04/04/2006Amerada Hess Schedules Earnings Release Conference Call
NEW YORK, Apr 04, 2006 (BUSINESS WIRE) -- Amerada Hess Corporation (NYSE: AHC) announced today that it will hold a conference call on Wednesday, April 26 at 10:00 a.m. Eastern Daylight Time to discuss its first quarter 2006 earnings release. To phone into the conference call, parties in the United States should dial 1-800-901-5241 and enter the pass code 86258893 any time after 9:45 a.m. Outside the United States, parties should dial 1-617-786-2963 and enter the pass code 86258893. This co... 
03/10/2006Amerada Hess to Request Shareholder Approval for Name Change, Increased Authorized Shares for Three-for-One Stock Split
NEW YORK--(BUSINESS WIRE)--March 10, 2006--Amerada Hess Corporation (NYSE:AHC) announced that in its preliminary proxy statement filed today with the Securities and Exchange Commission in connection with its May 3, 2006 annual stockholders meeting, it will request shareholder approval to change its name to Hess Corporation and increase the number of shares of common stock which the company has authority to issue from 200 million currently to 600 million. The 'HESS' brand is firmly... 
03/01/2006Amerada Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--March 1, 2006--The Board of Directors of Amerada Hess Corporation (NYSE: AHC) today declared a regular quarterly dividend of 30 cents per share payable on the Common Stock of the Corporation on March 31, 2006 to holders of record at the close of business on March 13, 2006. CONTACT: Amerada Hess Corporation Jay R. Wilson, 212-536-8940 SOURCE: Amerada Hess Corporation ... 
02/01/2006Amerada Hess Announces Quarterly Dividend on Preferred Stock
NEW YORK, Feb 01, 2006 (BUSINESS WIRE) -- The Board of Directors of Amerada Hess Corporation (NYSE: AHC) today declared a quarterly dividend of 87.5 cents per share payable on the 7% Mandatory Convertible Preferred Stock of the Corporation on March 1, 2006 to holders of record at the close of business on February 15, 2006. SOURCE: Amerada Hess Corporation Amerada Hess Corporation Jay R. Wilson, 212-536-8940 ... 
01/25/2006Amerada Hess Reports Estimated Results for the Fourth Quarter of 2005
Click here for PDF version NEW YORK--(BUSINESS WIRE)--Jan. 25, 2006--Amerada Hess Corporation (NYSE: AHC) reported net income of $452 million for the fourth quarter of 2005 compared with net income of $229 million for the fourth quarter of 2004. For the full year, net income was $1,242 million compared with $977 million in 2004. See the following page for a table of items affecting the comparability of earnings between periods. The after-tax results by major operating activity in 20... 
01/11/2006Amerada Hess Announces Capital and Exploratory Budget for 2006
NEW YORK--(BUSINESS WIRE)--Jan. 11, 2006--Amerada Hess Corporation (NYSE:AHC) announced today a $4 billion capital and exploratory expenditure program for 2006, which includes $413 million for the acquisition of Egyptian assets from Apache Corporation and $366 million for the re-entry to the Waha concessions in Libya. "We are pleased to have such excellent investment opportunities to sustain profitable growth for our company," said Chairman and CEO John Hess. Excluding acquisition... 
01/04/2006Amerada Hess Schedules Earnings Release Conference Call
Click here for PDF version NEW YORK, Jan 04, 2006 (BUSINESS WIRE) -- Amerada Hess Corporation (NYSE: AHC) announced today that it will hold a conference call on Wednesday, January 25th at 10:00 a.m. Eastern Standard Time to discuss its fourth quarter 2005 earnings release. To phone into the conference call, parties in the United States should dial 1-800-901-5241 and enter the pass code 86258893 any time after 9:45 a.m. Outside the United States, parties should dial 1-617-786-2963 and ente...