ExxonMobil lands Flemish Pass acreage

An ExxonMobil-led trio has made the largest ever bid for a licence in Canada’s Newfoundland and Labrador province, stumping up $559 million for a deep-water Flemish Pass permit.

Major interest: Rex Tillerson's ExxonMobil bids big for Flemish Pass permit
Major interest: Rex Tillerson's ExxonMobil bids big for Flemish Pass permit
Published 16 December 2014, 10:25Updated 16 December 2014, 10:34