Exxon Says U.S, Canada Projects Pushed up 2012 Reserves

The Financial Post reported that Exxon Mobil Corp attributed much of the uptick in crude natural gas reserves in the world last year to new shale projects in the U.S. and heavy-oil developments in Canada.

As quoted in the market report:

Exxon added reserves equivalent to 1.8 billion barrels in 2012, raising its year-end total to 25.2 billion, the Irving, Texas-based company said in statement today. The additions were enough to replace 115 % of total output and 174% of its crude and liquids production.

To view the whole Financial Post report, click here. 

Get the Latest Gas Investing Stock Information

Get the latest information about companies associated with Gas Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

resource ebook2

Get the top stories on resource investing FREE!

Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.

Leave a Reply