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Deals Rumor Mill: ConocoPhillips, Affina, Cemig

By Benjamin Horney (April 13, 2015, 6:02 PM EDT) -- ConocoPhillips is planning to sell its noncore U.S. oil and gas assets, Reuters reported Monday, which includes oil and gas properties in Colorado, East and South Texas, and northern Louisiana. According to the report, Wells Fargo has been tapped to help ConocoPhillips with the sale process, and while no actual values are known, analysts are speculating ConocoPhillips could wind up netting up to $2.5 billion overall....

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