Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil
Green Car Congress
DECEMBER 14, 2009
XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil. These will complement ExxonMobil’s holdings in the United States, Canada, Germany, Poland, Hungary and Argentina. The new organization will be located in Fort Worth, Texas, in XTO’s current offices.
186 
Let's personalize your content