ExxonMobil Announces Sale Of Stakes In Montney And Duvernay Canadian Assets

ExxonMobil Announces Sale Of Stakes In Montney And Duvernay Canadian Assets

Eurasia Review

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ExxonMobil said Wednesday that its Canadian affiliates, Imperial and ExxonMobil Canada, have entered into an agreement with Whitecap Resources Inc. for the sale of XTO Energy Canada, which is jointly owned by Imperial and ExxonMobil Canada.

The sale, for a total cash consideration of about U.S. $1.47 billion, is expected to...

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