Articles Tagged "Denbury Resources"

ExxonMobil Increases Bakken Oil Shale Assets by 50 Percent

Oil – ExxonMobil Corp. (NYSE:XOM) announced that along with its subsidiary, XTO Energy, it signed an agreement to acquire all the Bakken shale assets belonging to Denbury Resources Inc. (NYSE:DNR). The move will significantly increase Exxon's output in North Dakota and Montana, which are expected to produce more than 15,000 barrels of oil equivalent per day during the last half of 2012.