ConocoPhillips (NYSE:COP) Files An 8-K Other Events

ME Staff 8-k

7 years ago

ConocoPhillips (NYSE:COP) Files An 8-K Other EventsItem 8.01 Other Events.

As previously disclosed, on May17, 2017, ConocoPhillips (the “Company”) completed the sale to Cenovus Energy Inc. (“Cenovus”) of the Company’s 50 percent non-operated interest in the FCCL Partnership, the owner of the Foster Creek, Christina Lake and Narrows Lake oil sands projects in northeast Alberta (“FCCL”), as well as the majority of the Company’s western Canada gas assets (collectively called the “WCBU Assets”).

This Current Report on Form8-K updates the unaudited pro forma interim condensed consolidated financial statements included in a previously filed Form8-K, dated May18, 2017, which give effect to the disposition of FCCL and the WCBU Assets. The unaudited pro forma condensed consolidated income statement of ConocoPhillips for the six months ended June30, 2017, and related notes thereto, is furnished as Exhibit99.1 to this Current Report on Form8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(b)Pro Forma Financial Information

The unaudited pro forma condensed consolidated income statement of ConocoPhillips has been derived from the Company’s historical consolidated financial statements and is being presented to give effect to the disposition of FCCL and the WCBU Assets. The unaudited pro forma condensed consolidated income statement of ConocoPhillips for the six months ended June30, 2017, and the related notes thereto, is furnished as Exhibit99.1 to this Current Report on Form8-K.

(d)Exhibits

99.1

Unaudited pro forma condensed consolidated financial statements.

CONOCOPHILLIPS ExhibitEX-99.1 2 a17-22554_1ex99d1.htm EX-99.1 EXHIBIT 99.1 UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The unaudited pro forma condensed consolidated income statement of ConocoPhillips for the six months ended June 30,…To view the full exhibit click here
About ConocoPhillips (NYSE:COP)
ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas and liquefied natural gas (LNG). The Company operates through six operating segments, which are primarily defined by geographic region: Alaska; Lower 48; Canada; Europe and North Africa; Asia Pacific and Middle East, and Other International. The Company’s continuing operations are producing in the United States, Norway, the United Kingdom, Canada, Australia, Timor-Leste, Indonesia, China, Malaysia and Qatar. The Company’s portfolio includes North American unconventional assets and oil sands assets in Canada; assets in North America, Europe, Asia and Australia; several international developments, and an inventory of global conventional and unconventional exploration prospects.