Empire Petroleum buys US oil and gas assets from ExxonMobil 19 May 2021 (Last Updated May 19th, 2021 15:26)
Empire Petroleum’s subsidiary Empire New Mexico acquires ExxonMobil’s oil and gas assets in New Mexico.
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ExxonMobil sells oil and gas assets in New Mexico, US, to Empire Petroleum. Credit: Colton Sturgeon / Unsplash.
Empire Petroleum has acquired oil and gas assets in New Mexico, US, from ExxonMobil for an undisclosed sum.
The transaction involves producing oil and gas assets and related gathering assets located in Lea County, New Mexico.
The acquisition has been made by Empire Petroleum’s subsidiary Empire New Mexico from ExxonMobil’s XTO Holdings.