ConocoPhillips Continues Noncore Cleanup With Barnett Sale
Transaction Type
Sellers
Announce Date
Post Date
Estimated Price
$305.0MM
Description
To buy Barnett Shale assets with proved reserves of 50 MMboe as of year-end 2016; includes full-year 2016 average production of 11,000 boe/d (55% natural gas/45% NGL).
Editor's note: ConocoPhillips terminated the agreement 4Q 2017.