New York-Acquisitive ConocoPhillips CEO Jim Mulva put another notch in his belt late Dec 12,inking a much-rumored deal to buy big Rockies gas independent Burlington Resources for a rich 35.6-bil,or 92/share,in cash and stock.Though slightly dilutive to his own company's forecasted per-share profits.Mulva proclaimed the combined company's huge cash flow of nearly 30-bil a year,on some 20-bil of earnings,will be accretive per-share and allow rapid pay-down of the 19-bil debt to be incurred for Burlington's 2-bil boe of reserves.
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