Hess Issues Statement on Impact from Incident at Shell Enchilada Platform in Gulf of Mexico
November 13 2017 - 7:31AM
Business Wire
Hess Corporation (NYSE: HES) released a statement today about
the impact on its operations resulting from a fire at the Shell
Enchilada platform in the Gulf of Mexico. Shell advised in a
statement on Nov. 12 that a plan for repairing the damaged portions
of the asset is being developed. All production coming into the
Garden Banks Gas Pipeline system also remains shut in until further
notice.
Hess production is shut in at its Baldpate, Conger and Penn
State Fields. Production is also shut in at the Shell-operated
Llano Field (Hess 50 percent interest). Hess production at these
fields is approximately 30 thousand barrels of oil equivalent per
day.
Hess continues to work closely with the operator to understand
the timing for a restart.
Hess Corporation is a leading global independent energy company
engaged in the exploration and production of crude oil and natural
gas. More information is available at www.hess.com.
Cautionary Statements
This news release contains projections and other forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These projections and statements reflect the company’s current
views with respect to future events and financial performance. No
assurances can be given, however, that these events will occur or
that these projections will be achieved, and actual results could
differ materially from those projected as a result of certain risk
factors. A discussion of these risk factors is included in the
company’s periodic reports filed with the Securities and Exchange
Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20171113005611/en/
Hess CorporationInvestor:Jay Wilson,
212-536-8940orMedia:Lorrie Hecker,
212-536-8250
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