Rayonier (RYN) Announces Additional Pore Space Lease Agreements With ExxonMobil
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Rayonier Announces Additional Pore Space Lease Agreements With ExxonMobil
February 22, 2024 2:46 PM ESTNORTHAMPTON, MA / ACCESSWIRE / February 22, 2024 / Rayonier (NYSE: RYN) announced that it has entered into additional underground pore space lease agreements with ExxonMobil covering approximately 33,000 acres of timberlands in the United States. These leases increase Rayonier's total acres under pore space lease agreements with ExxonMobil to approximately 59,000 acres. ExxonMobil owns and operates the largest carbon dioxide (CO2) pipeline network in the United States,... More
