ExxonMobil to sell Permian assets to Hilcorp

Exxon aiming to sell older Permian assets to Hilcorp in ~$1B deal - Reuters
Exxon Mobil (NYSE:XOM) has agreed to sell conventional oil drilling assets in the Permian Basin to privately-owned Hilcorp Energy for ~$1B, Reuters reported Tuesday. Exxon (XOM) confirmed the sale but declined to name the buyer or valuation,
ExxonMobil to Sell Non-Core Permian Basin Assets to Hilcorp Energy
XOM's deal with Hilcorp Energy to sell off its older assets in the Permian Basin aligns with the former's strategy to focus on investments that improve its asset portfolio.
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Exxon Mobil Corp. will offload some of its conventional oil assets in the Permian Basin, selling to Hilcorp Energy for approximately $1 billion
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Sources: Exxon will sell its older Permian assets for $1 billion to Hilcorp
Four sources with knowledge of the matter said that Exxon Mobil Corp, the top U.S. oil company, has agreed to sell its
ExxonMobil to sell Permian assets to Hilcorp in $1bn deal
ExxonMobil has reached an agreement to divest its conventional oil drilling assets in the Permian Basin, located in Texas and New Mexico, to Hilcorp Energy for approximately $1bn, reported Reuters, citing sources.
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