Davis Polk advised the lead dealer managers and the co-dealer managers in connection with a cash tender offer by Hess Corporation for any and all of its 8.125% notes due 2019 (the “Any and All Tender Offer”) and a waterfall cash tender offer for approximately $1.075 billion (less the aggregate total consideration for the Any and All Tender Offer) aggregate principal amount of three series of its outstanding notes.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.

The Davis Polk corporate team included partners Deanna L. Kirkpatrick and Shane Tintle and associates Ferrell Maguire Keel and Skawenniio Barnes. Partner John D. Paton and associate Peter Benesch provided tax advice. Members of the Davis Polk team are based in the New York and London offices.