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BRIEF-Point Resources says to buy ExxonMobil's Norwegian-operated fields

March 29 Exxon Mobil Corp

* Point Resources, majority owned by HitecVision, says to buy ExxonMobil’s operated upstream business in Norway

* Point Resources says transaction subject to regulatory and partner consents and is expected to complete in q4 2017, with an effective date of 1 January 2017

* Point Resources says 2016 production was 54,000 boe/d from the ExxonMobil operated fields

* Point Resources says the combined company has the potential to grow its production base organically to over 80,000 boe/d by 2022 Source text: bit.ly/2nuwaVE Further company coverage: (Reporting By Terje Solsvik)

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