Hess Corporation (NYSE:HES) today completed the previously announced sale of its Natuna A asset, located off the coast of Indonesia, to PT Pertamina and PTT Exploration and Production Company Limited for a total after-tax consideration of $650 million. The asset produced an average of 5,500 barrels of oil equivalent per day net to Hess in the first three quarters of 2013.
Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
Source:
http://www.youroilandgasnews.com/news_item.php?newsID=97039
