Chrysaor to acquire ConocoPhillips’ UK oil and gas business for $2.675 billion

Chrysaor E&P Ltd. has agreed to purchase the United Kingdom oil and gas business of ConocoPhillips for $2.675 billion, increasing Chrysaor’s pro forma 2018 production to 177,000 boe/d to become one of the largest oil and gas producers in the UK North Sea.

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