Hess Corporation President Greg Hill joined Gov. Matt Mead at The University of Wyoming Thursday to announce the company’s plan to donate $4.3 million more to help build UW’s new energy and engineering research complex.
Hess has now committed a total of $10 million to the university, $8.7 million of which will be matched by state funds.
The gifts support the High Bay Research Facility, which will be used for large-scale experiments and research aimed at tapping ‘unconventional reservoirs.’
The University of Wyoming is getting a major donation for its new energy and engineering research complex. Halliburton is giving $2 million to be applied towards a 'high bay' research facility.
The facility's size will allow for large scale experiments. Halliburton is also giving UW an additional $1 million for research into unconventional oil and gas reservoirs. The gift will be matched by the state. Governor Matt Mead says it was an exciting discussion with Halliburton.