ExxonMobil makes $41 billion purchase of XTO

RBC I ExxonMobil and XTO Energy, two of the energy players in the Piceance Basin, announced Monday an all-stock agreement valued at $41 billion, Exxon’s biggest purchase since buying Mobil Corp. 10 years ago.
The acquisition — pending shareholder and regulatory approval — will result in creation of a new organization focused on developing sources of unconventional natural gas, such as tight gas, shale gas and coalbed methane.
But, for now, it will be business…