Low-Risk, High-Return Strategy

XTO Energy Inc. and Exxon Mobil Corporation have formed a new organization to manage global development of unconventional resources. This agreement brings together two highly complementary organizations whose combined strengths will deliver strong shareholder value and open new opportunities for the production of clean-burning natural gas. It will support our nation's economic recovery, strengthen our energy security, and help meet our environmental goals.

XTO will continue to do the things that have made us so successful. Our experience and expertise helped guide us to acquire the best reservoir rock, and our utilization of the newest technologies, operational innovations and old-fashioned hard work played a role in finding untapped reserves. Going forward, XTO will have a much larger horizon in which to apply our skills and technical expertise. Together with ExxonMobil’s advanced research & development and operational capabilities, global scale and financial capacity, we will enable development of additional supplies of unconventional oil and gas resources, benefiting consumers both here in the United States and around the world.