Conoco approves $6.9B capital budget
Kristen Nelson Petroleum News Editor-in-Chief
The bulk of ConocoPhillips’ 2004 capital budget goes to exploration and production, with Asia-Pacific, Europe and Africa, and the Lower 48 and Latin America garnering the most dollars.
The company said Dec. 16 that its board of directors approved a 2004 capital budget of approximately $6.9 billion.....
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