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Exxon Mobil Sells $1 Billion in Permian Basin Assets to Focus on Shale: Report
Notably, earlier in August, Exxon had disclosed the intention to sell older wells in the Permian's Central Basin that produce small but steady oil volumes. At that time, the company said in a ...
Exxon aiming to sell older Permian assets to Hilcorp in ~$1B deal - Reuters
Exxon Mobil (NYSE:XOM) has agreed to sell conventional oil drilling assets in the Permian Basin to privately-owned Hilcorp Energy for ~$1B, Reuters reported Tuesday. Exxon (XOM) confirmed the sale but ...