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XTO Energy Inc. (XTO)
BASIC MATERIALS - Energy - Independent Oil & Gas
Generated Tuesday June 29, 2010 04:51 AM
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Exxon completes buyout of XTO EnergyWith this agreement, we are combining XTO's skills, capabilities and asset base with Exxon Mobil's advanced research and development and operational capabilities, global scale and financial capacity. The new organization will create the opportunity for more jobs and investment in the development and production of clean-burning natural gas both here in the United States and around the world." - Jack Williams
Exxon closes on purchase of natural gas company XTO EnergyWith this agreement, we are combining XTO's skills, capabilities and asset base with Exxon Mobil's advanced research and development and operational capabilities, global scale and financial capacity," - Jack Williams
ExxonMobil seals deal, becomes major shale player with XTO assetsWith this agreement, we are combining XTO's skills, capabilities and asset base with ExxonMobil's advanced research and development and operational capabilities, global scale and financial capacity. The new organization will create the opportunity for more jobs and investment in the development and production of clean-burning natural gas both here in the United States and around the world." - Jack Williams
Exxon acquisition of XTO approved by shareholdersExxonMobil's Energy Outlook indicates that gas will grow more rapidly than any other major energy source given its availability and relatively low carbon profile," - Rex Tillerson
XTO shareholders approve sale to ExxonWe believe gas is the fuel of choice for power generation, producing fewer greenhouse gas emissions than other electrical-generation fuels," - Rex Tillerson
Simpson, who co-founded the company in 1986 with Jon Brumley and Steve Palko, declined to be interviewed after the meeting. - Steve Palko
Exxon completes buyout of XTO Energy
Spokesmen for the White House, U.S. Department of Interior and U.S. Department of Justice declined to comment . - Kieran Suckling
Judge in Spill Case Sold Stock This Week
Exxon-XTO Energy Merger Completed Daily Markets Jun 28,'10
The U.S. oil giant ExxonMobil Corp. (NYSE:XOM) completed the proposed merger with the unconventional player XTO Energy Inc. (NYSE:XTO) last Friday. The deal creates a new organization that will focus on global development and production of unconventional resources. The new organization will retain its identity as XTO Energy Inc. and will keep its head office ...
Judge in Spill Case Sold Stock This Week The Wall Street Journal Jun 26,'10
By TENNILLE TRACY And SIOBHAN HUGHES The federal judge who struck down the Obama administration's moratorium on deepwater drilling sold stock in Exxon Mobil Corp. on the same day he issued his ruling, according to documents released Friday. Associated Press U.
MIT: The Future Is A (Natural) Gas The Energy Source - Forbes Jun 25,'10
A major report by MIT on the future of natural gas bolsters the argument that no fuel or technology is more critical to efforts to reduce carbon and increase domestic energy supply.
Judge Who Lifted Drill Ban Sold Exxon Shares at Probable Loss Business Week Jun 25,'10
The New Orleans judge who lifted the U.S. ban on deep-water drilling in the Gulf of Mexico probably lost money selling shares of Exxon Mobil Corp. the same day he issued his ruling, according to records released today.
Merck hit with $8 million verdict in Fosamax trial The News Observer Jun 25,'10
Drugmaker Merck & Co. has been hit with an $8 million jury verdict in the case of a Florida woman who says Merck's osteoporosis drug destroyed her jaw bone and caused significant pain. Merck says the verdict by a New York jury doesn't match the evidence, so it will challenge the decision.
ExxonMobil completes $30 billion purchase of oil and natural gas company XTO Energy Canadian Business Online Jun 25,'10
ExxonMobil Corp. said Friday that it has completed its $30 billion acquisition of XTO Energy Inc. Shareholders of XTO, major holder of natural gas assets, approved the sale Friday at a special meeting. Each share of XTO was converted into the right to receive 0.7098 shares of ExxonMobil common stock.
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