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NEW YORK, Mar 17, 2005 (BUSINESS WIRE) -- Amerada Hess Corporation (NYSE: AHC) announced that initial natural gas sales from Block A-18 of the Malaysia-Thailand Joint Development Area (JDA) have commenced. Gross production is currently averaging approximately 110 million cubic feet per day (mmcf/d) and is expected to increase to 390 mmcf/d by the first quarter of 2006. Amerada Hess and Petronas Carigali each own a 50% interest in the Block A-18 Production Sharing Contract (PSC).
Amerada Hess estimates that net production from Block A-18 will exceed 55 mmcf/d in 2005 and 140 mmcf/d in 2006.
About Amerada Hess Corporation
Amerada Hess, headquartered in New York, is a global integrated energy company engaged in the exploration for and the production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products.
SOURCE: Amerada Hess Corporation
Amerada Hess Corporation Jay R. Wilson, 212/536-8940