
assets for significantly more than the market capitalisation of the entire company net of its debt. The assets were sold to XTO Energy (a subsidiary of ExxonMobil, XOM ) for US$147.1 million, which included rights to all of BKX's interests in the Tishomingo
as president. He has spent his career with Exxon, beginning in 1975 as a production engineer. The recent acquisition of XTO Energy raised concerns that he may be straying from the returns-focused strategy that has made ExxonMobil great and instead investing
willing to look longer term, as we have seen with BHP Billiton's acquisition of PetroHawk, Exxon Mobil's acquisitions of XTO Energy and more recently Celtic Energy, and CNOOC Ltd.'s bid for Nexen Energy (while not a build-to-sell, still a long
Montana like the Brigham-operated #1-H Gobbs 17-8 A well in Roosevelt County with an IP-24h of 1,817 boepd and the XTO Energy -operated #11X-12 Thiel well in Richland County with an IP-24h of 1,201 boepd, but the area needs more such results
Exxon Mobil executives were "losing [their] shirts" over the company's natural gas exposure from the 2010 acquisition of XTO Energy . I think that the heartburn from this ill-timed shale gas deal prevented Exxon Mobil from taking any new market-moving
interests in the Hartzog Draw in Wyoming and the Webster field in Texas to acquire the Bakken assets. Exxon Mobil's subsidiary XTO Energy will operate the Bakken assets, due to its experience in shale exploration and development. Exxon Mobil Senior Vice President
still remain somewhat weak, Exxon Mobil ( XOM ) -- the largest natural gas producer in the U.S. after its acquisition of XTO Energy in 2010 -- is still going strong. The company is so diversified that little glitches in natural gas prices leave the company
company affected. Exxon Mobil ( XOM ), the country's largest producer of natural gas will need to refocus efforts in other areas as well. Exxon Mobil made headlines when it purchased XTO Energy in 2010 for $26 billion. Complete Story »
that it is a discipline that makes sense over the long term, and it has worked for us over many years. You may recall that XTO Energy was a very significant holding for the fund. It was a great success. Burlington Resources [was another]. We are trying
expected cash flows. The article also helped bring to light XTO Energy 's recent $37 million Fankhouser class action litigation ..... settlement, was approved at a formal court hearing on Wednesday. XTO Energy , the operator of the properties covered by the Hugoton Trust