ConocoPhillips Offloads Indonesia Assets in Asia-Pacific Revamp

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
1.4BB
Description

Bought ConocoPhillips’ 54% interest in the Indonesia Corridor Block PSC and a 35% shareholding interest in the Transasia Pipeline Co.; includes about 50,000 boe/d of production and year-end 2020 proved reserves of 85 million boe.