NEW YORK, October 08, 2012 – Stockmarketnation.com, one of the leaders in providing stock updates on U.S. stock, markets are announcing valuable information on TOTAL S.A, Exxon Mobil Corporation, Facebook Inc, Apple Inc.
TOTAL S.A. (ADR)(NYSE:TOT) and Exxon Mobil Corporation(NYSE:XOM) have swapped minority stakes in in about eight different projects so that they can focus their efforts on fewer and larger assets, the companies said.
The various projects are located off the Norway coast.How Should Investors Trade XOM Now? Find Out Here http://stockmarketnation.com/?company=XOMParis-based Total is paying a “minor cash compensation” for the switch, in which it will get: a 4.7 percent interest in the Oseberg field; a 4.33 percent stake in the Oseberg transportation system; a 100 percent interest in the PL029c license; and a 30 percent interest in the PL029b license.
As well as the payment, ExxonMobil is gaining minority stakes in the PL089 license (5.6 percent) and the Sygna (2.52 percent), Statfjord Ost (2.8 percent) and Snorre (6.18 percent) fields.
The exchange means Total will have a 14.7 percent slice of the Oseberg field, and a 39.54 percent stake in Dagny, both of which are operated by Statoil.
Facebook Inc(NASDAQ:FB)’s subscriber base has crossed 1 billion, the social networking site said on Thursday.
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“Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life," founder Mark Zuckerberg said on his Facebook post.
Roughly, about 60 percent of its users, access the platform on their mobile devices. Apple Inc.(NASDAQ:AAPL) has ordered more than 10 million units of the iPad Mini, the Wall Street Journal reported, citing Asian component suppliers. This is double the number of units ordered by Amazon for its Kindle Fire tablets.
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The tech community is eagerly awaiting the launch of the iPad Mini, the most speculated device after Apple's iPhone 5.
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