tiprankstipranks
Exxon received offers for Argentina shale assets, weighing sale, Bloomberg says
The Fly

Exxon received offers for Argentina shale assets, weighing sale, Bloomberg says

Exxon Mobil received several offers for shale assets in Argentina’s Vaca Muerta formation in Patagonia earlier this month and is considering the bids, people familiar with the matter told Bloomberg’s Jonathan Gilbert. The assets, which comprise stakes it owns with QatarEnergy in seven oil-and-gas blocks in the shale patch as well as holdings in a pipeline, have been valued at around $1B, said the sources.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on XOM:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles