UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 1, 2004
Exxon Mobil Corporation
(Exact name of registrant as specified in its charter)
New Jersey | 1-2256 | 13-5409005 |
(State or other jurisdiction | (Commission | (IRS Employer |
of incorporation) | File Number) | Identification No.) |
5959 LAS COLINAS BOULEVARD, IRVING, TEXAS 75039-2298
(Address of principal executive offices) (Zip Code)
(Registrant’s telephone number, including area code): (972) 444-1000
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01
Other Events
The Registrant hereby files the information set forth in its News Release, dated November 1, 2004, announcing the restructuring of its interest in the Dutch gas transportation business, a copy of which is included as Exhibit 99.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
EXXON MOBIL CORPORATION
Date: November 1, 2004
By:
/s/ Patrick T. Mulva
----------------------------------------------
Name:
Patrick T. Mulva
Title:
Vice President, Controller and
Principal Accounting Officer
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INDEX TO EXHIBITS
Exhibit No.
Description
99
Exxon Mobil Corporation News Release, dated November 1, 2004, announcing the restructuring of its interest in the Dutch gas transportation business.
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Exhibit 99
News Release
ExxonMobil
Exxon Mobil Corporation
5959 Las Colinas Boulevard
Irving, TX 75039-2298
972 444 1107 Telephone
972 444 1138 Facsimile
Contacts:
Nelo Emerencia, Esso Nederland
(Breda) 31 76 529 1355
Russ Roberts, ExxonMobil
(Irving) 972 444 1141
FOR IMMEDIATE RELEASE
MONDAY, NOVEMBER 1, 2004
EXXONMOBIL TAKES STEPS TOWARD
RESTRUCTURING ITS DUTCH GAS INTERESTS
IRVING, TEXAS, November 1 -- Exxon Mobil Corporation announced today that its subsidiary, Esso Nederland B.V., has signed a Heads of Agreement (HOA) with the State of the Netherlands and Shell Nederland B.V. to restructure its interest in the Dutch gas transportation business. The HOA contains the principal terms and conditions under which Esso Nederland B.V. and Shell Nederland B.V. will agree to transfer their ownership share of 25 percent each in Gasunie's gas transportation business to the State of the Netherlands.
This restructuring is consistent with the Second European Gas Directive which furthers the liberalization of the natural gas market in Europe. It is also consistent with the recently revised Dutch Gas Act.
As part of the restructuring, N.V. Nederlandse Gasunie will be legally split into a transportation company and a merchant company. The transport company will be 100 percent owned by the State, whereas the ownership of the merchant company will remain unchanged, 50 percent owned by the State of the Netherlands and 25 percent each owned by Esso Nederland B.V. and Shell Nederland B.V.
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As specified in the HOA, the State of the Netherlands will pay a total net compensation in the amount of 2.78 billion Euros. The final transaction remains subject to regulatory reviews. The parties intend to finalize the restructuring by mid-2005. It is anticipated that, at that time, this step will have a positive impact on the Corporation's results.
CAUTIONARY STATEMENT: Estimates, expectations, and business plans in this release are forward-looking statements. Actual future results could differ materially depending on technical or operating factors, the outcome of commercial negotiations, changes in law or government policy, and other factors discussed under the caption "Factors Affecting Future Results" in item 1 of ExxonMobil's most recent 10-K and available on our website at www.exxonmobil.com.
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