Alaska will continue to be major asset in combined companyAlaska’s 40 percent contribution to Phillips’ worldwide production will be diluted to 25 percent when it is combined with Conoco’s production Steve Sutherlin PNA Managing Editor
Alaska’s hefty percentage of Phillips Petroleum Co.’s worldwide production will be diluted when Conoco and Phillips become ConocoPhillips in late 2002 and production totals of the companies are combined. The merger, announced Nov. 18, is subject to regulatory and stockholder approval.
Alaska is — a....
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