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Chief says Esso exit could take ‘years’

ExxonMobils Australia Group of Companies chairman Nathan Fay sees a strong future in oil and gas exploration and production in the Gippsland Basin, despite Esso Australias desire to sell its Gippsland assets.

Chief says Esso exit could take ‘years’

The new head of Esso Australia is remaining tight-lipped about details on the company’s proposed sale of its Gippsland Basin oil and gas development assets, but says its potential exit from the region presents an “exciting” opportunity for the industry, and for the Gippsland region.

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