Total S.A.
07 February 2006
United States: Total focuses exploration and production activities
in the Gulf of Mexico
Paris, February 07, 2006 - Total announces that its wholly owned
subsidiary, Total E&P USA, Inc., has agreed to sell two mature fields,
Bethany and Maben, located in East Texas and Mississippi, respectively, to
XTO Energy Inc. The transaction is scheduled to close by the end of
February 2006.
Total will now focus its exploration and production projects in the United
States on the offshore Gulf of Mexico.
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Total is the fourth largest oil and gas company in the world with operations in
more than 130 countries. Total's activities cover the whole energy chain of the
petroleum industry: exploration, oil and gas production, refining and marketing,
trading and power generation. The Group is also a major player in chemicals.
Total has more than 111,000 employees worldwide. More information can be found
on the company's website: www.total.com
This information is provided by RNS
The company news service from the London Stock Exchange
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