ConocoPhillips Said Selling All Nigerian Assets -Reuters

Date : 05/08/2012 @ 11:54AM
Source : Dow Jones News
Stock : Conocophillips (COP)
Quote : 59.76  -0.1 (-0.17%) @ 4:00PM

ConocoPhillips Said Selling All Nigerian Assets -Reuters

Conocophillips (NYSE:COP)
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ConocoPhillips (COP) is preparing the sale of all of its assets in Nigeria and a stake in the company's LNG Brass facility, Reuters reported Tuesday on its website, citing people familiar with the situation.

The assets could be sold individually, the sources told Reuters. A deal could raise billions of dollars for the company.

Full story at: http://uk.reuters.com/article/2012/05/08/conocophillips-nigeria-idUKL5E8G8FAX20120508

-Dow Jones Newswires; 212-416-2900

 
 

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