Exxon, Imperial To Sell Canada Assets To Whitecap For $1.5 Billion

Exxon, Imperial To Sell Canada Assets To Whitecap For $1.5 Billion

(Reuters) – U.S. oil major Exxon Mobil Corp and Canadian partner Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay assets in Canada to Whitecap Resources Inc for C$1.9 billion ($1.48 billion).

($1 = 1.2872 Canadian dollars)

(Reporting by Shariq Khan; Editing by Shounak Dasgupta)