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Hess to sell Indonesian assets for $1.3 billion

02.12.2013 / Energyboardroom

Hess Corp. entered into two separate agreements with a joint venture of PT Pertamina and PTT Exploration & Production Co. Ltd. to sell its interests in the Pangkah and Natuna A assets offshore Indonesia for $1.3 billion. The agreements are expected to close before the end of first-quarter 2014.

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