Hess parts with Indonesian assets for $1.3B

摘要

Hess Corp. (NYSE: HES) continued its blistering 2013 sales pace, parting with assets located offshore Indonesia for total after-tax proceeds of $1.3 billion. For months, Hess has been rurming a de facto asset mart, and as of November had closed $6.5 billion in asset sales-not including the Indonesia sale. Other assets remain, including its Thailand holdings that Tudor, Pickering, Holt & Co. values at about $600 million.