ConocoPhillips Offloads Indonesia Assets in Asia-Pacific Revamp
Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
$1,355.0MM
Description
Bought ConocoPhillips’ 54% interest in the Indonesia Corridor Block PSC and a 35% shareholding interest in the Transasia Pipeline Co.; includes about 50,000 boe/d of production and year-end 2020 proved reserves of 85 million boe.