ExxonMobil Continues Expansion in the Marcellus, Buys Two More PA Drillers for $1.69 Billion, Adds Another 317K Acres of Leases

ExxonMobil has just picked up another 317,000 acres of gas leases in the Marcellus Shale by purchasing two privately held Pennsylvania drilling companies for $1.69 billion. Since last year, ExxonMobil has become the largest producer of natural gas in the U.S.

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