ConocoPhillips (NYSE: COP) announced it has entered into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources for approximately $230 million.

Production associated with the Barnett assets for the first half of 2018 averaged 9 thousand barrels of oil equivalent per day, of which approximately 55 percent was natural gas and 45 percent was natural gas liquids.

Lime Rock Resources is an acquirer and operator of producing oil and gas properties in the United States, and will acquire assets primarily located in Mo...


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