Hess Completes Acquisition of American Oil & Gas Inc.

abarrelfullabarrelfull wrote on 21 Dec 2010 06:31
Tags: bakken deals hess usa

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Hess Corporation (NYSE: HES) announced today it has completed the acquisition of American Oil & Gas Inc. The all-stock transaction increases Hess' strategic position in the Bakken oil play in North Dakota by approximately 85,000 net acres.

Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products. More information on Hess Corporation is available at www.hess.com.

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