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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

Its properties are concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Utah, Louisiana and Montana. The transaction value includes $10 billion of existing XTO debt and is based on the closing share prices of ExxonMobil and XTO on 11 December 2009.

Oil 186