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PetroChina and ConocoPhillips establish strategic partnerships in Australia and China

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Report summary

The recent agreement between ConocoPhillips and PetroChina for the exchange of interests in Australia and China is a potentially important strategic move for both companies. PetroChina will farm in to two of ConocoPhillips' Australian interests the Poseidon gas discoveries (offshore Browse Basin) and the Goldwyer Shale (onshore Canning Basin). ConocoPhillips will enter into a Joint Study Agreement (JSA) with PetroChina to evaluate shale gas potential in the Neijiang Dazu Block in ...

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    PetroChina and ConocoPhillips establish strategic partnerships in Australia and China

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  • Executive summary
  • Upstream assets
  • Oil & gas pricing and assumptions

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  • Oil & gas pricing and assumptions: Table 1

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