Hess seeks to offload E&P assets in Indonesia, Thailand

04/29/2013 | United Press International

Hess seeks to unload some of its exploration and production properties in Thailand and Indonesia, the company announced. "Most of the proceeds from these additional sales will be used to return capital directly to shareholders," the company said. Hess has also finalized the $2 billion sale of its Samara-Nafta unit in Russia to Lukoil.

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