ExxonMobil buys shale giant Pioneer Natural Resources in major resource boost
October 12, 2023 Comments Off
ExxonMobil on Oct. 11 announced a definitive agreement to buy US shale pioneer Pioneer Natural Resources in an all-share deal worth $59.5 billion that it said would more than double its Permian Basin footprint. The US major estimated the combination of Pioneer’s acreage, regarded as the highest quality resource position in the Permian, with its own would lift its total…
ExxonMobil buys shale giant Pioneer Natural Resources in major resource boost
ExxonMobil on Oct. 11 announced a definitive agreement to buy US shale pioneer Pioneer Natural Resources in an all-share deal worth $59.5 billion that it said would more than double its Permian Basin footprint. The US major estimated the combination of Pioneer’s acreage, regarded as the highest quality resource position in the Permian, with its own would lift its total…
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