Hess Corp. CEO John Hess's comments on the Bakken from the Credit Suisse presentation on the 5th of February
*the number rigs employed by Hess in the Bakken reduced by half this year
*Bakken is profitable with WTI at $45
*Enormous opportunity to grow reserves over time
The purchase of Talisman's Bakken assets by Crescent Point looks like a great move.
The presentation is available here.
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