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DewDiligence

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DewDiligence

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Re: DewDiligence post# 8017

Friday, 03/14/2014 6:19:19 PM

Friday, March 14, 2014 6:19:19 PM

Post# of 29346
HES almost ready to restart expanded Tioga-NG plant:

http://finance.yahoo.com/news/hess-starting-north-dakota-natgas-155754938.html

"Due to the unusually harsh winter weather, we're slightly behind our initial plans, but we expect to start selling residue gas this month," Hess spokesman John Roper said.

The plant will be able to process 250 million cubic feet per day (mmcfd) when it starts operating, nearly twice as much as its initial design. The station had been shut since late last year as Hess worked on the expansion.

Tioga will make HES' Bakken operations materially more profitable.

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

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