Basic Materials Sector Announces New Agreements, Initiatives, and Joint Ventures - Research Report on Exxon Mobil, Encana, Murphy Oil, Total and Statoil Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, December 11, 2013 NEW YORK, December 11, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), Encana Corporation (NYSE: ECA), Murphy Oil Corporation (NYSE: MUR), Total SA (NYSE: TOT), and Statoil ASA (NYSE: STO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Exxon Mobil Corporation Research Report On December 2, 2013, Exxon Mobil Corporation (Exxon Mobil), on behalf of the PNG LNG Project announced a $3.1 million, two-year initiative intended to improve maternal health, and reduce child mortality rates in Papua New Guinea. The Company informed that the program is led by Texas Children's Hospital along with its partner, the Baylor College of Medicine, both based in Houston. Commenting on the initiative, Neil Duffin, President of ExxonMobil Development Company stated, "This program will enable mothers and children of Papua New Guinea to benefit from the world-class expertise of Texas Children's Hospital and Baylor College of Medicine. It is our belief that the work done through the program will help ensure improved health for the future generations of the country." The Full Research Report on Exxon Mobil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/36c4_XOM -- Encana Corporation Research Report On December 6, 2013, Encana Corporation's (Encana) stock declined 0.52%, closing the day at $19.09 per share. Over the past three trading days, the Company's stock went up by 0.32%, compared to the Dow Jones Industrial Average which went up by 0.66%, during the same three day trading period. The Full Research Report on Encana Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/01ac_ECA -- Murphy Oil Corporation Research Report On December 6, 2013, Murphy Oil Corporation's (Murphy Oil) stock went up by 0.57%, as it closed the day at $63.90 per share. Over the past three trading day period, the Company's stock went down by 2.52%, compared to the S&P500 which went up by 0.55%, over the same trading period. The Full Research Report on Murphy Oil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/ff2d_MUR -- Total SA Research Report On December 6, 2013, Total SA (Total) announced that it has entered into a farm-in agreement with InterOil Corporation that gives the Company a 61.3% interest in Petroleum Retention License (PRL) 15 in Papua New Guinea. Total said that along with InterOil Corporation, the Company retains the flexibility to farm-down an aggregate of up to a 19.3% interest (before any election by the government to exercise its option to join the project with a 22.5% interest) to a strategic partner. Commenting on the agreement, Yves-Louis Darricarrère, President Upstream at Total, stated, "Following Total's entry into exploration in Papua New Guinea in 2012, this new acquisition of an interest in significant discovered resources is an exciting opportunity for Total to develop a new gas production and liquefaction hub in the Asia-Pacific region, where gas demand is very dynamic. Total will leverage its technology and experience in major LNG projects to reinforce its long-term production post-2020." The Company stated that it has an option to take an interest in Petroleum Prospecting Licenses PPL 236, PPL 237, and PPL 238, in the same area. Further, Total informed that it will pay $470 million for a 42% interest with a contingent payment estimated by Total at approximately $590 million. The Full Research Report on Total SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/5801_TOT -- Statoil ASA Research Report On December 6, 2013, Statoil ASA (Statoil) announced that the Company has signed the Shareholders and Operating Agreement with Rosneft, for a joint venture to assess the feasibility of commercial production from the Domanik shale formation. Statoil informed that its CEO, Helge Lund, and Rosneft President Igor Sechin signed the document, marking another significant step forward following the heads of agreement for shale oil cooperation signed in June 2013. Commenting on the new pact, Mr. Lund stated, "Today's agreement demonstrates the two parties' commitment to jointly move forward in an attempt to unlock the hydrocarbon potential of the Domanik shale formation. If successful, we believe this could be a world class shale oil asset." The Full Research Report on Statoil ASA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/d198_STO ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Basic Materials Sector Announces New Agreements, Initiatives, and Joint Ventures - Research Report on Exxon Mobil, Encana,
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