ConocoPhillips Preempts TotalEnergies' Sale of Surmont
ConocoPhillips is acquiring TotalEnergies' Surmont stake for 100 percent ownership.
Source: rigzone.com
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ConocoPhillips to Buy TotalEnergies' Oil Sands for $3B, Undercutting Suncor
ConocoPhillips is boosting its stake in the Surmont oil sands project after reviewing its first refusal rights to buy out partner TotalEnergies following Suncor Energy’s $4 billion bid in April.
Source: hartenergy.com
ConocoPhillips to acquire TotalEnergies 50% stake in Canadian oil sands field for over $3 billion
Taking full control of Surmont’s low-cost production helps ConocoPhillips Chief Executive Officer Ryan Lance meet a commitment to return $11 billion in cash to shareholders this year by letting the company generate free cash flow at even lower crude prices.
Source: worldoil.com
ConocoPhillips to acquire TotalEnergies' stake in Surmont oil sands project
ConocoPhillips has agreed to acquire 50% stake in the producing Surmont oil sands project in Canada from TotalEnergies for up to $3.32bn (C$4.44bn).
Source: offshore-technology.com
ConocoPhillips to exercise pre emptive right; will buy rest of Surmont project - MRO Magazine
CALGARY - U.S. oil company ConocoPhillips said Friday it will exercise its right of first refusal and purchase TotalEnergies' 50 per cent stake in the
Source: mromagazine.com