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Hess Corp and Newfield Exploration Co To Launch Sale Of $3 Billion Of Asian Assets-Reuters

Friday, 21 Jun 2013 01:25am EDT 

Reuters reported that Hess Corp and Newfield Exploration Co have launched two separate auctions to sell part of their Asian oil and gas field stakes that have a combined value of about $3 billion. KUFPEC, a unit of Kuwait Petroleum Corp, London-listed Premier Oil, Indonesian state oil company Pertamina Persero PT, and Thailand's state energy company PTT Exploration and Production are among companies considering making bids for the assets. 

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