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COP Casino Guichard Perrachon

2.4285
0.029 (1.21%)
18 Oct 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Casino Guichard Perrachon AQEU:COP Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.029 1.21% 2.4285 2.4015 2.449 2.4455 2.371 2.3915 14,876 16:15:55

ConocoPhillips Rejects Bai-Hassan Field Remuneration Demand

30/06/2009 12:05pm

Dow Jones News


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ConocoPhillips (COP) Tuesday rejected the terms laid down by the Iraqi Oil Ministry to operate the Bai-Hassan oil field.

Conocophillips had earlier Tuesday teamed up with two Chinese oil companies, China Petroleum & Chemical Corp., or Sinopec, (SNP) and CNOOC Ltd. (0883.HK), to bid for the field in the first round of auctions for eight oil and gas fields in Iraq.

The consortium was seeking $26.70 for each extra barrel of oil produced. The Iraqi Oil Ministry only offered $4 a barrel.

"We are going to refer the bidding results of [the] Bai-Hassan oil field to the Iraqi cabinet to decide," Oil Minister Hussain al-Shahristani said.

-By Hassan Hafidh, Dow Jones Newswires; + 962 799 831 831; hassan.hafidh@dowjones.com

 
 

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