Reuters exclusively reveals Exxon Mobil launches sale of U.S. shale gas properties

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Business & FinanceDealsEnergy

Reuters exclusively reported that Exxon Mobil has launched the sale of shale gas properties stretching across 27,000 acres in the Appalachian basin of Ohio, part of an ongoing divestiture of U.S. assets. A sale by the top U.S. oil producer could value the assets at around $200 million, based on current natural gas prices and existing production from the wells, a source said.

Article Tags

Topics of Interest: Business & FinanceDealsEnergy

Type: Reuters Best

Sectors: Business & FinanceUtilities & Other Energy

Regions: North America

Countries: US

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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