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Nov 10, 2014
Nov 10, 2014
Nov 10, 2014
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Nov 10, 2014

Hess boosts production forecast, sees oil price rebound

Nov 10 (Reuters) – Oil and gas producer Hess Corp
boosted its five-year production forecast on Monday, citing
strength in output from North Dakota’s Bakken shale formation
and the Utica shale in Ohio.

The bullish forecast, though, is based on crude oil prices
much higher than current levels, an ambitious target that
implies strong confidence that prices will rebound from recent
steep falls.

Nov 10, 2014
Nov 10, 2014
Nov 10, 2014
Nov 10, 2014