re: Ann: PetroChina and ConocoPhillips Browse... If I have read things correctly, COP have only sold off 20% of their holding. They still hold 80%.
Doesn't sound like a sell-off to me. They have attracted another partner, who will also be an end user (customer).In return, they get access to acreage in China. Everyone wins.
Ann: PetroChina and ConocoPhillips Browse Farmin , page-57
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