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Simpson's banner year.

Authors :
Francis, Robert
Source :
Fort Worth Business Press; 9/13/2010, Vol. 22 Issue 37, Special section p18-19, 2p
Publication Year :
2010

Abstract

The article provides information about ExxonMobil Corporation's acquisition of XTO Energy Inc. for 31 billion U.S. dollars, which is referred to as the largest deal in years. It is inferred that it is a concrete evidence that the shale gas technologies were being adopted by mainstream energy firms, since its introduction in the Barnett Shale in Fort Worth, Texas. It is also mentioned that the deal makes Exxon as the largest natural gas producer in the U.S., raising its production to 3.7 billion cubic feet per day. INSET: Exxon Mobil details plans for XTO integration.

Details

Language :
English
ISSN :
15274667
Volume :
22
Issue :
37
Database :
Supplemental Index
Journal :
Fort Worth Business Press
Publication Type :
News
Accession number :
53991732