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The "Continental Oil and Transportation Company" was founded by Isaac Elder Blake in November 1875. [9] [10] Based in Ogden, Utah, the company distributed the recently discovered mineral resources of petroleum / oil (first found in August 1859 by Edwin Drake (1819-1880), in a well drilled at Oil Creek, near Titusville, (Crawford County), in the far northwestern corner of Pennsylvania) and its ...
In 1875, the "Continental Oil and Transportation Company" (acronym "Conoco") was founded in Ogden, Utah by Isaac Blake. [8] In 1885, Conoco was reincorporated as part of Standard Oil. [9] After the Supreme Court of the United States dissolved Standard Oil, Conoco became independent in 1913. [10] By 1929, it had become a fully integrated oil ...
The 76 brand, long familiar in the western and southern U.S., was created by Union Oil Company of California (later Unocal) in 1932. In 1983, Phillips Petroleum purchased the General American Oil Company from owners Algur H. Meadows, Henry W. Peters, and Ralph G. Trippett. [17] In 2002, Phillips Petroleum merged with Conoco to form ...
May 30—ConocoPhillips and Marathon Oil just jumped on the merry-go-round of mergers that the energy industry has seen in recent months with ConocoPhillips having been the last of the major oil ...
ConocoPhillips is the largest exclusive E&P company in the world. The company owns a lot of acreage in promising shale plays such as the Eagle Ford, the Permian Basin, and Bakken as well as ...
Aug. 7—ConocoPhillips had a busy second quarter, progressing on its new Willow Project oilfield in the National Petroleum Reserve on the North Slope of Alaska, its $22.5-billion merger with ...
In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc. In 2007, the company became a public company via an initial public offering. [2] In 2008, the company acquired Henry Petroleum for $584 million. [3] In 2010, the company acquired assets in the Permian Basin from Marbob Energy Corporation for $1.65 billion. [4]
Because of the natural decline of an oil and gas. Exploration and production company ConocoPhillips held its annual investor day on Feb. 28. Among the many topics covered was how the company plans ...
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