- Associated Press - Friday, June 6, 2014

LARAMIE, Wyo. (AP) - Energy exploration and production company Hess Corp. has contributed another $5 million to support oil and gas research at the University of Wyoming.

Gov. Matt Mead, UW officials and Hess chief operating officer Greg Hill, who is a Wyoming native and UW graduate, announced the donation Thursday.

“This is kind of an emotional moment for me,” Hill said. “I walked out of this building in 1983 never dreaming the journey my life would take. The reason it took that journey is because of the foundation built here at UW. It’s not a cliche, it’s the absolute truth. Now, as a corporate executive, it’s an honor I can give back.”

Hess, which is based in New York, has contributed a total of $10 million to the university, making it the largest corporate partner in UW’s history.

Arch Coal, Baker Hughes, ExxonMobil, Halliburton, Marathon and Shell are among the other companies donating money, equipment and expertise to the UW.

“The University of Wyoming has a specific plan with Hess and the other corporate partners to support the energy industry through innovation and research. Hess builds on great work already underway at UW,” Mead said in a statement.

Thanks to the corporate donations, UW has met its goal of raising $15 million in contributions to build an energy research laboratory in Laramie. The 60,000-square-foot facility is expected to be completed in 2016.

The state of Wyoming provided matching money for the project.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide