Exxonmobil to sell its share of aera energy joint venture

Irving, texas--(business wire)--exxonmobil affiliates have signed an agreement to sell all of exxonmobil's interests in the aera oil-production operation in california to green gate resources e, llc, a subsidiary of ikav. the transaction involves a share sale of mobil california exploration & producing asset company. in addition, exxonmobil affiliates have entered into a separate agreement for the sale of an associated loading facility and pipeline system. “this sale is part of our strategy
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