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Friday, September 9, 2011

Hess and CONSOL form JV to develop Utica Shale

Hess and CONSOL form JV to develop Utica Shale
Hess Corporation said it had formed a joint venture agreement with CONSOL Energy Inc. to acquire a 50% interest in CONSOL’s nearly 200,000 acres in the Utica Shale in eastern Ohio for aggregate payments of $593 million

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