PTT Exploration & Production Pcl agreed to pay about $1 bn cash for Hess Corp.’s stakes in oil and gas assets in Thailand, (World Oil, April 23, 2013)

PTT Exploration & Production Pcl agreed to pay about $1 bn cash for Hess Corp.’s stakes in oil and gas assets in Thailand.
PTT Exploration, or PTTEP as the company is known, will gain stakes in the Pailin, Morakot and Ubon oil fields as well as increasing their share in two producing gas fields in the deal, the Thai company said in a statement.
(World Oil, April 23, 2013)
http://www.worldoil.com/PTTEP-to-pay-Hess-1-bn-cash-for-Thai-assets.html