the conocophillips position on their 300,000 acres is now in the public domain, and their shareholders are today aware that COP is going for 18% of their production through unconventional plays.
the eagleford is major part of their 2009 exploration program.
Good acreage positions in many of
best unconventional resource plays
• In 2007/08 added >750,000 net acres in
North American resource plays
• Optionality to sustain long-term organic
growth onshore
• Reducing 2009 spend in the most price
sensitive plays
Extensive experience in CBM, shale,
and tight gas reservoirs
2009 exploration spend focused in
Barnett, Bakken, Montney, and
emerging Eagle Ford shale play
http://www.conocophillips.com/NR/rdonlyres/A04EA252-241F-4167-8979-CC8D62776C7F/0/2009AnalystPresentationUpstream.pdf
conoco announces eagleford
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