Wednesday, December 21, 2011

ConocoPhillips (NYSE:COP) Wins Alaska Go-Ahead

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tdp2664 E money daily ConocoPhillips (NYSE:COP) has won approval for an Alaska oil project. ConocoPhillips (NYSE:COP) Wins Alaska Go-Ahead The oil giant ConocoPhillips (NYSE:COP) has won approval for a bridge-and-road project that would give contact to the national petroleum reserve in Alaska’s north slope. The statement of ConocoPhillips (NYSE:COP) said that, "it would continue to review the project through 2012 with Anadarko Petroleum, with which it is working on the development. If they do indeed move forward with the project, construction would begin in 2014, with oil production beginning late in 2015." ConocoPhillips (NYSE:COP) stocks are currently standing at 69.78. Price History Last Price: 69.78 52 Week Low / High: 58.65 / 81.8 50 Day Moving Average: 70 6 Month Price Change %: -6.1% 12 Month Price Change %: 4.3%



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