Still no word on Hess’s sale of Utica acreage
Saturday, October 31, 2015
Columbus Business First reports New York-based Hess Corp. has not released any information about its alleged intentions to sell acreage in Ohio’s Utica shale.
Earlier this month, the company was rumored to be looking for potential buyers of its Utica acreage.
Hess has announced that it will decrease drilling in North Dakota’s Bakken shale and will also cut back on international drilling, but nothing has been said about the Utica.
Via: Columbus Business First > Hess mum on Utica shale sale
More about Hess and the Utica Shale:
- Hess Corp. looking to sell more Utica assets Oct. 22, 2015
- Hess Corp. to cut back on spending in Utica Shale this year Jan. 30, 2015
- Hess Corporation switches focus to Utica’s “wet gas” Aug. 8, 2014
- CONSOL and Hess to jointly develop Utica shale in Ohio Oct. 27, 2011
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