ConocoPhillips Announces Agreement to Sell Indonesia Assets for $1.355 Billion and Provides Notice That It is Exercising Its Preemption Right to Purchase Up to an Additional 10% Shareholding Interest in APLNG
December 09, 2021
December 09, 2021
HOUSTON, Texas, Dec. 9 -- ConocoPhillips, a producer of oil and gas resources, issued the following news release on Dec. 8, 2021:
ConocoPhillips (NYSE: COP) today announced two transactions intended to core up the important Asia-Pacific segment of its diverse global portfolio.
The company announced it has entered into an agreement to sell the subsidiary that indirectly owns the company's 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) . . .
ConocoPhillips (NYSE: COP) today announced two transactions intended to core up the important Asia-Pacific segment of its diverse global portfolio.
The company announced it has entered into an agreement to sell the subsidiary that indirectly owns the company's 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) . . .