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Hess Update
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oilmaninvestor
Apr 02, 2013 02:56PM

Looks like Hess has another deal in progress.

OAO Lukoil signed an agreement with Hess Corp. to acquire 100% of Hess’s Russian subsidiary Samara-Nafta for a total of $2.05 billion. Hess had reported it was considering selling its Russian interests late in 2012 (OGJ Online, Nov. 12, 2012).

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Re: Hess Update
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oilmaninvestor
Apr 03, 2013 09:29AM
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