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CONOCOContinental Oil Company
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To expedite the sale Conoco's defined benefit pension scheme - a type of workplace pension - was not marketed to Chrysaor.
Conoco said these transactions are significant because they continue the company's strategy of coring up its legacy asset base in Alaska, while retaining an interest in the Clair Field in the UK.
Through the Phillips 66 Apps, Masterpass will soon be accepted at the more than 6,500 Phillips 66, Conoco and 76 locations in the U.S, making it easier to find a station, securely allow payment authorization and receive rewards on the go.
Conoco plans to sell $5 billion to $8 billion in North American natural gas assets, a divestiture that is massive in its size and scope.
Conoco also had 30% in the Dubai Exploration Onshore (DEOL), a JV of the US firm and DUMA-DPC formed in 1989 to explore a 1,150 sq km onshore area on the coast south of Dubai City, which DPC had relinquished in the 1970s.
Conoco can credibly earn $6 in EPS this year and onshore US shale oil projects have room for bullish upside on production.
The Phillips 66, Conoco and 76 business revolving charge program is nationally accepted and provides advanced account management, enabling commercial cardholders to track fuel expenses, auto repairs, vehicle washes, and convenience store purchases.
Conoco's total capital expenditure is set to reach $15.5 billion in 2012 but Mulva said that could rise in 2013.
As of September 30, 2011 Conoco, headquartered in Houston, had approximately 29,700 employees, $155 billion of assets, and $247 billion of annualised revenues.
The three stores are remodeling in order to accommodate Conoco. The stores will also start to accept Conoco and other credit card.s "It can't do anything but help," said Walt Stewart, director of store operations for the Seattle-based Gull.
In the central/southern part of the Sirte Basin, Waha is a giant found in 1960 by Conoco at 6,000 ft.