XTO Xto Energy, Inc.

Exxon Mobil Corp. (XOM) said Tuesday its pending merger with U.S. natural gas producer XTO Energy Inc. (XTO) is clear in the eyes of U.S. antitrust regulators.

In a filing with the Securities and Exchange Commission, the world's largest publicly traded oil company said the waiting period for the merger under the Hart-Scott-Rodino antitrust act expired Monday without further comment from U.S. authorities. The company added that the Dutch Competition Authority cleared the transaction March 9.

"Necessary clearance for the pending merger has been obtained from the appropriate competition law regulators," Exxon Mobil spokesman Alan Jeffers said in an emailed statement.

Exxon Mobil added that the closing of the deal remains subject to approval by the shareholders of XTO Energy and of other conditions provided in the merger agreement announced last December.

Exxon Mobil Chief Executive Rex Tillerson said last week that the transaction is expected to close in the second quarter and that he believes that while the value of the acquisition to Exxon Mobil and its shareholders is "compelling," the real benefit of the estimated $31 billion transaction will be evident over several years or even decades.

-By Isabel Ordonez, Dow Jones Newswires; 713-547-9207; isabel.ordonez@dowjones.com

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