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Hess Corp./CNX Resources joint venture sells Utica shale assets in Ohio for $400 million

Scott Suttell – The buyer is Oklahoma City-based Ascent Resources. Hess and CNX are divesting about 39,000 net acres, 26,000 of which are undeveloped, in the wet gas Utica shale areas of Belmont, Guernsey, Harrison and Noble counties.

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