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ConocoPhillips Company is an American multinational corporation ... Norway (10% of 2019 production), Canada (5% of 2019 ... the company acquired Concho Resources, ...
The company then became Conoco Canada Resources Limited. Since Conoco's merger with the Phillips Petroleum Company in 2002, the company has been called ConocoPhillips Canada Resources Limited. In 2015, Gulf-branded gas stations returned to Canada through a licensing deal between XTR Energy Company Limited and Gulf Oil International U.K. Limited ...
The company also acquired ARCO's operations in Ecuador. [5] In 2001, the company acquired Canadian Hunter Exploration, expanding its base in Canada. [6] In 2003, the company started production in Algeria. [7] In 2004, the company received approval to develop a gas field in China. [8] In 2006, the company was acquired by ConocoPhillips. [9]
ConocoPhillips, an independent oil and gas exploration company, said it will acquire the U.S. shale oil producer Concho Resources in an all-stock transaction valued at $9.7 billion.
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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]
In 1969 British American amalgamed with its subsidiaries into a new company called Gulf Oil Canada Limited. After several name changes ending at Gulf Canada Resources Limited, the company was acquired in 2001 by Conoco, becoming Conoco Canada Resources Limited (now ConocoPhillips Resources Canada).