Exxon Mobil Corp

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-	In September, 2008 Irving, Texas-based '''Exxon Mobil Corp.''' (NYSE: XOM) was reported having won six leases at a cost of $22.4 million in competitive bidding for tracts in the State of [[Pennsylvania|Pennsylvania's]] forest lands in Tioga and Lycoming Counties that are prospective for [[Marcellus shale]] drilling. Eighteen tracts were offered for bid.	+	Irving, Texas-based '''Exxon Mobil Corp.''' (NYSE: XOM) is the largest publicly-traded international oil and gas company in the world.
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		+	In September, 2008 Exxon was reported to have won six leases at a cost of $22.4 million in competitive bidding for tracts in the State of [[Pennsylvania|Pennsylvania's]] forest lands in [[Tioga]] and Lycoming Counties that are prospective for [[Marcellus shale]] drilling. Eighteen tracts were offered for bid.
	According to an August, 2009 report Exxon's Marcellus leasehold consisted of 20,000 acres. The company apparently had no immediate drilling plans, and was in the process of consolidating its position in the play.		According to an August, 2009 report Exxon's Marcellus leasehold consisted of 20,000 acres. The company apparently had no immediate drilling plans, and was in the process of consolidating its position in the play.
		+	In December, 2009 it was announced that Exxon had acquired [[XTO Energy]] in an all stock buy-out valued at $41 billion. The latter company owns a large Marcellus shale leasehold centered on Broome and Delaware counties in [[New York]] as well as in Indiana County, [[Pennsylvania]]. The transaction was expected to close in the second quarter of 2010.
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		+	* Rex W. Tillerson is Chairman and CEO of Exxon Mobil Corp.
	* David Rosenthal is Exxon's Vice President Investor Relations and Secretary.		* David Rosenthal is Exxon's Vice President Investor Relations and Secretary.
-	* Patrick McGinn is a spokesman for Exxon.	+	* Patrick McGinn is a spokesman for the company.

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Revision as of 19:57, 15 December 2009

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Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) is the largest publicly-traded international oil and gas company in the world.

In September, 2008 Exxon was reported to have won six leases at a cost of $22.4 million in competitive bidding for tracts in the State of Pennsylvania's forest lands in Tioga and Lycoming Counties that are prospective for Marcellus shale drilling. Eighteen tracts were offered for bid.

According to an August, 2009 report Exxon's Marcellus leasehold consisted of 20,000 acres. The company apparently had no immediate drilling plans, and was in the process of consolidating its position in the play.

In December, 2009 it was announced that Exxon had acquired XTO Energy in an all stock buy-out valued at $41 billion. The latter company owns a large Marcellus shale leasehold centered on Broome and Delaware counties in New York as well as in Indiana County, Pennsylvania. The transaction was expected to close in the second quarter of 2010.

• Rex W. Tillerson is Chairman and CEO of Exxon Mobil Corp.
• David Rosenthal is Exxon's Vice President Investor Relations and Secretary.
• Patrick McGinn is a spokesman for the company.