ConocoPhillips sells northern Australia assets to Santos for $1.39 billion

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ConocoPhillips sells northern Australia assets to Santos for $1.39 billion

MELBOURNE (Reuters) – ConocoPhillips (COP.N) has agreed to sell its northern Australian business to its partner Santos Ltd (STO.AX) for $1.39 billion, in a deal that will boost the Australian oil and gas group’s output by 25%. FILE PHOTO: Logos of …
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