Exxon Considers Divesting UK North Sea Operations -Reuters

Date : 08/13/2019 @ 11:52AM
Source : Dow Jones News
Stock : Exxon Mobil Corp (XOM)
Quote : 68.3  1.05 (1.56%) @ 12:59AM

Exxon Considers Divesting UK North Sea Operations -Reuters

Exxon Mobil (NYSE:XOM)
Historical Stock Chart

1 Month : From Jul 2019 to Aug 2019

Click Here for more Exxon Mobil Charts.

--Exxon Mobil Corp. (XOM) is considering leaving the British North Sea, and has spoken to a number of operators in the region to sell its assets there, reports Reuters citing industry sources.

--The media company names Chrysaor or Neptune, large private-equity backed producers, as potential buyers for the assets which could be worth up to $2 billion.

--It adds that should Exxon not find a buyer, it may appoint a bank to administer a formal sale process.

--Exxon declined to comment.


Full story: https://reut.rs/33xVTky


Write to Barcelona editors at barcelonaeditors@dowjones.com


(END) Dow Jones Newswires

August 13, 2019 06:37 ET (10:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest XOM Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.