ExxonMobil cashes in with sale of Canadian shale plays

US supermajor reaches $1.47 billion deal to sell position in Montney and Duvernay shales to Whitecap Resources

Selling out: US giant ExxonMobil has reached an agreement to sell its positions in Canada's Montney and Duvernay shales — Selling out: US giant ExxonMobil has reached an agreement to sell its positions in Canada's Montney and Duvernay shalesPhoto: REUTERS

Mark Passwaters

Houston

Exxon Mobil Whitecap Resources Canada Alberta Americas

Published 29 June 2022, 20:37Updated 30 June 2022, 14:20