September 21, 2012: With all the talk about XOM maybe buying into the Bakken after its deal with DNR (September, 2012): Flashback: XOM - XTO deal
- XOM paid $41 billion
- XOM bought XTO for the natural gas
- the Bakken was simply serendipity
- a 25 percent to CLR's current market cap: $22 billion
- 1 million acres at $15,000/acre --> $15 billion
June 20, 2010: XOM shares to rise after XTO deal closes. June 20, 2010.
December 14, 2009: WOW! WOW! WOW! XOM to buy XTO at 25% premium.
The XTO web page is very, very east to navigate. Find their most recent presentations at their web page.