Hess Exits Denmark Upstream
Deal frees up resources for deployment in Guyana.
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Hess Corporation (NYSE: HES) has entered into an agreement to sell its Little Knife and Murphy Creek acreage interests in the Bakken. Hess Corporation (NYSE: HES) has announced that it has entered into an agreement to sell its Little Knife and Murphy Creek acreage interests in the Bakken, in North Dakota, to Enerplus Corporation for a total consideration of $312 million. The sale consists of approximately 78,700 net acres, which are located in the southernmost portion of Hess’ Bakken position and not connected to Hess Midstream infrastructure, the company highlighted. Net production...