Exxon Mobil Corp
Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) is the largest publicly-traded international oil and gas company in the world.
In September, 2008 Exxon was reported to have won six leases at a cost of $22.4 million in competitive bidding for tracts in the State of Pennsylvania's forest lands in Tioga and Lycoming Counties that are prospective for Marcellus shale drilling. Eighteen tracts were offered for bid.
According to an August, 2009 report Exxon's Marcellus leasehold consisted of 20,000 acres. The company apparently had no immediate drilling plans, and was in the process of consolidating its position in the play.
In December, 2009 it was announced that Exxon had acquired XTO Energy in an all stock buy-out valued at $41 billion. The latter company owns a large Marcellus shale leasehold centered on Broome and Delaware counties in New York as well as in Indiana County, Pennsylvania. The transaction was expected to close in the second quarter of 2010.
- Rex W. Tillerson is Chairman and CEO of Exxon Mobil Corp.
- Tim Cejka is Exxon's head of global exploration
- David Rosenthal is Vice President Investor Relations and Secretary.
- Patrick McGinn is a spokesman for the company.