ConocoPhillips completed the acquisition of the Inga assets division of Kelt Exploration for CAD510m.

Synopsis

ConocoPhillips, a global energy exploration and hydrocarbon production company, completed the acquisition of the Inga assets division of Kelt Exploration, a petroleum exploration and natural gas production company, for CAD510m.

Principals

target

Kelt (inga Assets / Inga/fireweed/stoddart Division)

bidder

Conocophillips Company

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Market Context