ConocoPhillips (NYSE: COP) said the net addition of 650 million barrels of oil equivalent (BOE) to its proved reserve base during 2003. The company replaced 106% of its 2003 production or 133 percent excluding sales and acquisitions, bringing its total reserve base to 7.8 billion BOE, excluding 0.3 billion barrels associated with the company’s Canadian…
COMPANY: ConocoPhillips replaces 106% of 2003 production
Posted on February 27, 2004 by EnergyAsia