ConocoPhillips Considers Selling Prime Oklahoma Assets ...Middle East

OILPRICE - Economy
ConocoPhillips Considers Selling Prime Oklahoma Assets
source : OILPRICE ( Middle East ) () 47
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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