Hess 2008 Annual Report Download - page 30

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business or accounts of the Corporation cannot be predicted at this time due to the large number of other potentially
responsible parties and the speculative nature of clean-up cost estimates, but is not expected to be material.
The Securities and Exchange Commission (SEC) notified the Registrant that on July 21, 2005, it commenced a
private investigation into payments made to the government of Equatorial Guinea or to officials and persons
affiliated with officials of the government of Equatorial Guinea. The SEC has requested documents and information
from the Registrant and other oil and gas companies that have operations or interests in Equatorial Guinea.
Registrant has provided the documents and information requested.
The Corporation is from time to time involved in other judicial and administrative proceedings, including
proceedings relating to other environmental matters. Although the ultimate outcome of these proceedings cannot be
ascertained at this time and some of them may be resolved adversely to the Corporation, no such proceeding is
required to be disclosed under applicable rules of the SEC. In management’s opinion, based upon currently known
facts and circumstances, such proceedings in the aggregate will not have a material adverse effect on the financial
condition of the Corporation.
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