Nigeria's Oando To Pay $1.8B For ConocoPhillips' Assets
ConocoPhillips' Nigerian assets averaged 43,000 barrels of oil equivalent of 2012 net daily production, made up of roughly 60 percent natural gas and 40 percent natural gas liquids. The carrying value of the energy giant's Nigerian assets was roughly $600 million as of Oct. 31, according to a press release.
The deal is expected to...
To view the full article, register now.