FAR 3.13% 46.5¢ far limited

Conocophillips Arbitration update

  1. 14,167 Posts.
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    In August COP noted the arbitration and said that the tribunal was not yet constituted.......

    In latest update released yesterday :

    QUOTE
    In June 2017, FAR Ltd. initiated arbitration before the ICC against ConocoPhillips Senegal B.V. in connection with the sale of ConocoPhillips Senegal B.V. to Woodside Energy Holdings (Senegal) Limited in 2016. The arbitral tribunal is in the process of being constituted.
    ENDQUOTE

    Not a huge change in 3 months.......  Next quarterly I hope it says "was constituted"!
 
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