Hess in or out ?

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Hess in or out ?

posted on Jun 25, 2013 07:09PM

From BMO Investorline.....

"Hess Corporation has cut more than 20 jobs from Australian operations ahead of a decision on the future of its shale exploration venture in the Northern Territory. Progress has stalled on the U.S. oil player's A$6.5 billion Equus offshore gas project in Western Australia. Hess says it is still committed to both its shale and Equus ventures."

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