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Stock Market & Financial Investment News

News For COP From The Last 14 Days
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April 30, 2015
07:09 EDTCOPConocoPhillips sees Q2 production 1,555 to 1,595 MBOED
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07:05 EDTCOPConocoPhillips backs FY15 2%-3% production growth view
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07:04 EDTCOPConocoPhillips reports Q1 EPS ex-items(18c), consensus (19c)
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April 29, 2015
15:00 EDTCOPNotable companies reporting before tomorrow's open
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April 22, 2015
12:13 EDTCOPStone Energy to abandon Harrier prospect in Gulf of Mexico
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10:48 EDTCOPConocoPhillips exploring sale of some North Sea assets, Bloomberg reports
ConocoPillips is weighing the sale of some of its Norway North Sea assets, Bloomberg reports, citing two sources. The oil producer may look to sell stakes in the Aasta Hansteen, Alvheim and Grane fields, assets in Norway that are operated by others, the sources say. Reference Link
08:44 EDTCOPConocoPhillips updates Angola, Gulf of Mexico drilling results
ConocoPhillips announced the Omosi-1 deepwater exploration well in Block 37 offshore Angola in the Kwanza Basin has been drilled to a total depth of 20,666 feet. A gas column of approximately 525 feet was encountered in the primary objective reservoir. No further activity is planned. The well has been plugged and abandoned. In the deepwater Gulf of Mexico, the Harrier prospect in Mississippi Canyon Block 118 has been drilled to a total depth of 19,400 feet. No commercial hydrocarbons were encountered. The well will be plugged and abandoned. Stone Energy Offshore, L.L.C. was a non-operating co-owner in the Harrier prospect. An after-tax charge relating to the two wells of approximately $142M net to ConocoPhillips will be recorded to dry hole expense in the first quarter of 2015. The total before-tax exploration expense for the quarter is estimated to be $482M, which includes dry hole, leasehold impairment, G&A, and G&G expense.

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