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DewDiligence

03/25/15 9:18 AM

#9875 RE: DewDiligence #9853

HES pulls out of Kurdistan:

http://finance.yahoo.com/news/hess-petroceltic-pull-iraqi-kurdistan-101532840.html

The consequence of this decision on HES’ overall production is de minimis.

DewDiligence

04/06/15 10:15 AM

#9923 RE: DewDiligence #9853

HES back over $70 for first time in a while. The 1Q15 earnings report is going to be ugly, but perhaps it won’t be worse than investors are expecting.