Exxon has put up for sale natural gas assets in the Barnett Shale in Texas, Reuters has reported, citing a confirmation of the news by the company. The assets include 2,700 wells spread across 182,000 acres, according to the report. So far, no buyer has been identified, and no agreements have been reached on the sale, a spokeswoman for the company said.
Reuters cited an unnamed source as estimating the value of the assets at $400 and $500 million. Exxon, according to the report, will accept bids by December 21 and hopes to complete the sale process…Exxon Puts Shale Gas Assets Up For Sale
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