ConocoPhillips in the sale of its interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of its western Canada Deep Basin gas assets, to Cenovus for total proceeds of C $17.7 billion. ConocoPhillips in the sale of its interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of its western Canada Deep Basin gas assets, to Cenovus for total proceeds of C $17.7 billion.

ConocoPhillips in its acquisition of the remaining Surmont interest from TotalEnergies EP Canada Ltd. for approximately $3.7 billion

On October 4, 2023, ConocoPhillips closed the acquisition of the remaining 50% interest in the Surmont oilsands project (“Surmont”) from TotalEnergies EP Canada Ltd. for approximately $3.7 billion plus contingent payments of up to $0.4 billion. The transaction gives...

Lead Office: Calgary Date Closed: October 4, 2023 Value: $3.7 billion

ConocoPhillips in its acquisition of Montney acreage from Kelt Exploration Ltd. 

On August 21, 2020, ConocoPhillips purchased oil and gas assets in the Inga/Fireweed/Stoddard region of British Columbia from Kelt Exploration Ltd. for gross cash proceeds of $510 million, prior to closing adjustments, plus the assumption of approximately $41 million in certain financing...

Lead Office: Calgary Date Closed: August 21, 2020 Value: $510 million