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DewDiligence

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DewDiligence

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Re: semi_infinite post# 17687

Monday, 12/10/2018 2:42:46 PM

Monday, December 10, 2018 2:42:46 PM

Post# of 30508
Re: HES divestitures

In Jun 2018, HES sold its Utica Shale assets for $400M (#msg-141888328).

In 2017, HES sold: its Norway assets for $2B (#msg-135650043); its Permian EOR assets for $600M (#msg-132302980); and its Equatorial Guinea assets for $650M (#msg-135632885).

In 2013-2014, HES divested $12.5B of various assets, as detailed in #msg-105992414.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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