Hess Corporation (HES)

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Hess Reports Estimated Results for the Third Quarter of 2012

Third Quarter Highlights:

Net income was $557 million, compared with $298 million in the third quarter of 2011
Net income excluding items affecting comparability between periods was $495 million compared with $379 million in the third quarter of 2011
Oil and gas production increased to 402,000 barrels of oil equivalent per day, up from 344,000 in the third quarter of 2011
Production from the Bakken oil shale play in North Dakota increased to 62,000 barrels of oil equivalent per day, up from 32,000 in the third quarter of 2011
Net cash provided by operating activities was $1,862 million, compared with $1,022 million in the third quarter of 2011