Exxon Seeks Sale of Canadian Shale Assets to Focus on Oil Sands
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Exxon Mobil Corp. is looking to sell its Canadian shale assets to focus on Alberta’s oil sands
Exxon and its majority-owned Imperial Oil Ltd. unit will start marketing XTO Energy Canada, which produces 9,000 barrels a day of crude and 140 million cubic feet a day of natural gas in the Montney and Duvernay shale formations of Alberta and other areas, Imperial said in a statement Wednesday.