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ConocoPhillips Considers Selling Prime Oklahoma Assets ...Middle East
ConocoPhillips is considering the sale of oil and gas assets in Oklahoma, which it acquired through its $22.5-billion purchase of Marathon Oil last year, Reuters reported exclusively on Wednesday, citing unnamed sources familiar with the matter. The company has enlisted investment bank Moelis & Co. to facilitate the sale of these assets, according to Reuters’ unconfirmed report, noting that the process is still in its early stages, and a deal has yet to be finalized. The sale could potentially involve assets in the Anadarko Basin,…
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