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DewDiligence

03/25/14 4:29 PM

#8269 RE: DewDiligence #8234

HES’ Tioga expansion is now online:

http://finance.yahoo.com/news/hess-says-tioga-gas-plant-162319796.html

Hess Corp began accepting North Dakota shale-derived natural gas at its Tioga plant expansion on March 23, and the full plant is now online, the company's chief executive officer said on Tuesday.

The plant was expanded so Hess could process excess natural gas produced at the state's 10,000 oil wells as part of a plan to curb flaring. The plant expansion, which was under construction for more than a year, is part of Hess' broader plan to increase development in the state's Bakken shale…