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Hess (HES) says it will pursue the sale of its Russian subsidiary Samara-Nafta, which produces...
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Monday, November 12, 2012, 8:10 AM ETHess (HES) says it will pursue the sale of its Russian subsidiary Samara-Nafta, which produces ~50K boe/day in the Volga-Urals region, as part of a strategic reshaping of its global portfolio. Hess has retained Goldman Sachs as its financial adviser in connection with the potential sale.
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