March 7 (Reuters) - Hess Corp ( HES ):

* HESS CORP ( HES ) - REVIEWING THE EXPECTED TIMELINE FOR LEGAL

CLOSING OF

CHEVRON DEAL AND WILL PROVIDE FURTHER DETAIL IN OUR NEXT MERGER

UPDATE

* HESS CORP ( HES ): BELIEVE THAT ROFR / PRE-EMPTION PROVISION DOES

NOT

APPLY TO CHEVRON-HESS MERGER

* HESS CORP ( HES ): REMAIN FULLY COMMITTED TO TRANSACTION WITH

CHEVRON

* HESS CORP ( HES ) - DISAGREE WITH EXXONMOBIL'S INTERPRETATION OF

STABROEK JOINT OPERATING AGREEMENT & ARE CONFIDENT THAT POSITION

WILL PREVAIL IN ARBITRATION

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