ExxonMobil (XOM) receives a key federal permit it needs to start construction on the Point...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

ExxonMobil (XOM) receives a key federal permit it needs to start construction on the Point Thomson oil and gas field on the eastern North Slope of Alaska after an extended delay that threatened some leases there. Along with partners BP and ConocoPhillips (COP), XOM expects to start producing 10K bbl/day after construction which should begin soon.