Actionable news
All posts from Actionable news
Actionable news in COP: CONOCOPHILLIPS,

Woodside Buys ConocoPhillips' Assets in Senegal for $350M

Australia's Woodside Petroleum said after the markets closed Wednesday that it agreed to acquire Senegal assets owned by ConocoPhillips (COP) for $350 million plus a completion adjustment of around $80 million.

The deal includes all of the shares of ConocoPhillips Senegal BV, which holds a 35% working interest in a production sharing contract with the Senegal government covering exploration blocks Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore. The acquisition includes the...