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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 ...
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]
The company was organized with a Province of Ontario Charter dated October 17, 1906, and its first office building was located at the corner of King and Yonge Streets in Toronto. [1] In 1908, with 8 shareholders, B/A built Canada's third refinery on 3 acres on the eastern waterfront in Toronto.
ConocoPhillips's plans to acquire independent oil and gas producer Marathon Oil in an all-stock deal for $22.5 billion including debt continues a recent string of deals in the energy space.
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.
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas .
Marathon Oil Corporation (NYSE:MRO) and ConocoPhillips (NYSE:COP) stocks are moving in opposite directions on Wednesday after they disclosed a definitive deal in which ConocoPhillips will acquire ...
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 ...