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DewDiligence

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DewDiligence

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Re: 10nisman post# 5696

Thursday, 10/25/2012 10:04:11 PM

Thursday, October 25, 2012 10:04:11 PM

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HES continues monetization of non-core assets, selling North Sea assets to Shell for $525M:

http://finance.yahoo.com/news/hess-sell-beryl-assets-royal-060000479.html

HES has divested $2.4MB of assets in 2012 to date. These divestitures are consistent with the newfound corporate policy described in #msg-78327528.

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

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