ConocoPhillips completes $1.7 billion asset sale, hits divestiture target early

ConocoPhillips completes $1.7 billion asset sale, hits divestiture target early

Aug 6 (Reuters) - ConocoPhillips said on Thursday it has completed the sale of $1.7 billion of noncore ​Lower 48 assets in July, ‌helping the U.S. oil producer reach its $5 billion asset disposition target ahead of schedule. Here are some details:

ConocoPhillips Completes $1.7 Bln Asset Sale, Hits Divestiture Target Early - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – ConocoPhillips said on Thursday it has completed the sale of $1.7 billion of ​noncore Lower 48 assets in ‌July, helping the U.S. oil producer reach its $5 billion asset disposition target ahead of schedule. Here ​are some details: Asset sales have ​become a key step for large shale ⁠producers looking to streamline operations, ...