Exxon Mobil (XOM) agrees to sell two shale gas exploration concessions in Poland to the...

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

Exxon Mobil (XOM) agrees to sell two shale gas exploration concessions in Poland to the country's top refiner, PKN Orlen, for an undisclosed price. XOM dropped its exploration plans in June after test wells failed to produce commercial quantities of gas. With the sale, XOM will have given up five of its six concessions in the country.