ConocoPhillips up 2% on Plans to Explore Angola, Poland for Oil, Gas
ConocoPhillips is up 1.56% to $80.04, helped by the general bullish sentiment on energy shares Wednesday, as well plans to expand its operations in Angola, the Gulf of Mexico and Poland.
The company is negotiating leases on two deepwater blocks in Angola, exploring for oil and gas in the deepwater area of the Gulf of Mexico, and is active in exploring for resources in Poland. It has rights to one million acres in several different parts of the country, according to Investopedia.
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