More from Hess' (HES) Q4 results: E&P earnings fell 1.9% as its average selling price for...

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

More from Hess' (HESQ4 results: E&P earnings fell 1.9% as its average selling price for oil fell 5.8%. Average daily production grew 7.9% to 396K boe, reflecting increased Bakken shale production and resumption of Libya operations. At year's end, total proved reserves were 1.55B boe vs. 1.57B a year earlier; reserve replacement for 2012 was 141%. Shares +0.5% premarket.