Feb 19 Exxon Mobil Corp, the world's
largest publicly traded oil company, said on Tuesday its oil and
gas reserves rose last year, boosted by output from shale
formations in the United States and projects in Canada.
Reserve additions from the Bakken Shale in North Dakota as
well as its Cold Lake oil sands development in Alberta helped
Exxon replace 115 percent of its 2012 output, the Irving, Texas
Exxon's proved reserves totaled 25.2 billion barrels
oil-equivalent (boe) at year-end 2012, up from 24.9 billion boe
Over half of Exxon's reserves were made up of more valuable
crude oil and other liquids, an improvement over the prior year
when 51 percent of Exxon's reserves were gas.
Shares of Exxon edged up 37 cents to $88.73 in late-morning
New York Stock Exchange trading.