Amerada Hess Begins Gas Sales from Block A-18

Amerada Hess has begun initial natural gas sales from Block A-18 of the Malaysia-Thailand Joint Development Area (JDA). Gross production is currently averaging approximately 110 million cubic feet per day (mmcf/d) and is expected to increase to 390 mmcf/d by the first quarter of 2006. Amerada Hess and Petronas Carigali each own a 50% interest in the Block A-18 Production Sharing Contract (PSC).

Amerada Hess estimates that net production from Block A-18 will exceed 55 mmcf/d in 2005 and 140 mmcf/d in 2006.

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Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
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