ExxonMobil Statement on Treasury Department Sanctions on Russia
September 19 2014 - 11:51AM
Business Wire
ExxonMobil is complying with all U.S. sanctions.
The U.S. Treasury Department, recognizing the complexity of the
University-1 well and the sensitive Kara Sea arctic environment,
has granted a license to ExxonMobil and other U.S. contractors and
persons involved to enable the safe and responsible winding down of
operations related to this exploration well. The license recognizes
the need to protect the safety of the individuals involved in these
operations as well as the risk to the environment. All activities
related to the wind down will proceed as safely and expeditiously
as possible.
CAUTIONARY STATEMENT: Statements of future events or conditions
in this release are forward-looking statements. Actual
results may vary depending on a number of factors, including
political and regulatory developments and other factors cited in
Item 1A of ExxonMobil’s most recent Form 10-K and under the heading
“Factors Affecting Future Results” in the Investors section of our
website at www.exxonmobil.com.
ExxonMobilMedia Relations, 972-444-1107
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