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DewDiligence

11/11/10 2:22 PM

#1758 RE: DewDiligence #1731

HES’ BofA webcast today was a good overview of this unique company:

http://www.veracast.com/webcasts/bas/energy2010/id22815700.cfm

Factoid: 30% of HES’s production is NG, but only 30% of that is in the US; i.e., only 9% of HES’ production is tied to the Henry Hub price.