CenterPoint Energy (CNP) signs a long-term agreement with Exxon Mobil (XOM) subsidiary XTO...

|About: CenterPoint Energy, Inc. (CNP)|By:, SA News Editor

CenterPoint Energy (CNP) signs a long-term agreement with Exxon Mobil (XOM) subsidiary XTO Energy to gather XTO's crude oil production through a new crude oil gathering and transportation pipeline system in North Dakota's Bakken shale. The agreement is the first secured for the proposed pipeline, which will have a capacity to gather 19.5K bbl/day.