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NWS is a joint venture between BHP Billiton Petroleum (North West Shelf)
“This arrangement would bring together Hess’ strong deepwater drilling
and development capabilities with NWS’s proven track record in natural
gas processing and liquefaction,” said President and Chief Operating
Officer
Hess holds 100 percent interests in both the WA-390-P and WA-474-P
permits that contain the Equus fields. These permits cover over 1
million acres and are located approximately 115 miles off the northwest
coast of
Cautionary Statements
This news release contains projections and other forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These
projections and statements reflect the company’s current views with
respect to future events and financial performance. No assurances can be
given, however, that these events will occur or that these projections
will be achieved, and actual results could differ materially from those
projected as a result of certain risk factors. A discussion of these
risk factors is included in the company’s periodic reports filed with
the
Source:
Investor:
Jay Wilson 1-212-536-8940
Media:
Lorrie
Hecker, 1-212-536-8250
lhecker@hess.com