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DRILLING

Hess ups capex, pushes ahead with Carnarvon drilling

IN contrast to a number of major oilies cutting their 2010 capital expenditure, Hess Corporation ...

Marija Stojkovic

The US major said $US2.4 billion would be allocated to production, $600 million for development and $850 million for exploration. As part of the exploration budget, Hess will continue with its drilling...

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