Exxon Puts Up Permian Assets for Sale ...Middle East

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Exxon Puts Up Permian Assets for Sale
source : OILPRICE ( Middle East ) () 44
Exxon is looking to sell some conventional oil and gas assets in the Permian, Bloomberg has reported, with the proceeds from the potential sale seen at around $1 billion. In a written response to the publication’s questions, Exxon said it was “exploring market interest for select conventional assets in West Texas and South East New Mexico,” adding that “This decision is consistent with our strategy to continually evaluate our portfolio.” Bloomberg also quoted unnamed sources as saying the assets to be divested included…

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