One-Page Deal Sheet
ConocoPhillips acquires Burlington Resources
ConocoPhillips Burlington Resources Inc.
Announced Date
February 01,2006
Close Date
March 31,2006
Transaction Type
Corporate
Enterprise Value (EV)($MM)
35600
Proved Reserves
Location
Calculated Metrics( EV/Category)
Country
United States
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Subscribe to see
ConocoPhillips and Burlington Resources Inc. have signed a definitive agreement under which ConocoPhillips will acquire Burlington Resources in a transaction valued at $35.6 billion. The transaction, upon approval by Burlington Resources shareholders, will provide ConocoPhillips with extensive natural gas exploration and production assets, primarily located in North America. The Burlington Resources portfolio provides a strong complement to ConocoPhillips’ global portfolio of integrated exploration, production, refining, and energy transportation operations, thereby positioning the combined…
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