ExxonMobil and Gov. Matt Mead announced Thursday the company will donate $2.5 million to the University of Wyoming to boost research into oil and gas extraction. Part of the money will go toward laboratory modeling to replicate the temperatures and pressures that exist in the deep rock formations that hold oil and gas. The donation will benefit the University of Wyoming School of Energy Resources by $5 million because of a state fund that matches private donations to the university. The announcement comes three weeks after Hess Corp. announced a $4.4 million gift to the university for research into oil and gas extraction.
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