Another shale play, this time by Hess (HES), which is buying American Oil & Gas (AEZ) in an...

|About: Hess Corporation (HES)|By:, SA News Editor

Another shale play, this time by Hess (HES), which is buying American Oil & Gas (AEZ) in an all-stock deal worth around $445M. The deal will boost Hess' strategic acreage position in the North Dakota Bakken shale oil play.