• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks
    market news

    Exxon Mobil Corp Acquires Celtic Exploration for $2.6 Billion

    Investing News Network
    Oct. 17, 2012 08:26AM PST
    Resource Investing News

    Exxon Mobil Corp Acquires Celtic Exploration for $2.6 Billion

    The Calgary Herald reported that Exxon Mobil Corp (NYSE:XOM) announced that it has acquired Celtic Exploration Ltd (TSX:CLE)  for C$2.6 Billion in an effort to increase its presence in Western Canada.

    As quoted in the market report:

    The deal, announced Wednesday, will give the world’s largest publicly traded  energy company vast tracts in the liquids-rich Montney shale in the province of  British Columbia, along with holdings in the Duvernay shale and other areas in  the province of Alberta.

    To view the full Calgary Herald report, click here.

    market newsnyse:xomcanada
    The Conversation (0)

    Go Deeper

    AI Powered
    Silhouette of drilling rigs and oil derricks with Canadian flag in background.

    5 Best-performing Canadian Oil and Gas Stocks of 2025

    Stock market board with "mergers and acquisitions" in pixelated green and red letters.

    Crescent Energy Boosts Status with US$3.1 Billion Vital Energy Buyout

    Latest News

    Lode Gold Closes $1.51 Million Upsized Private Placement

    CORRECTED: CHARBONE Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing

    CORRIGE: CHARBONE Hydrogene acquiert des actifs de production d'hydrogene et cloture une premiere tranche d'un financement par placement prive de 1 M$

    Purepoint Uranium Closes Final Tranche of $6 Million Private Placement

    West High Yield Resources Ltd. Announces Exercise of Warrants

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×