Conoco: Jury Still Out on Shah Gas Economics

摘要

US major ConocoPhillips inked a longdelayed joint venture agreement on its Shah sour gas field earlier this month, but Conoco Chief Financial Officer Sig Cornelius has cautioned investors not to read too much into the decision. "[The agreement] should not be construed that a decision was made to go forward with the project," Cornelius said during a conference call with analysts and investors on the company's secondquarter earnings.