Thread regarding ConocoPhillips layoffs

10-K released today - Comment on any interesting content here

"In 2017, extensions and discoveries were primarily due to higher prices at Surmont"

WTF? That's not an extension or discovery

https://www.sec.gov/Archives/edgar/data/1163165/000119312518049729/d534096d10k.htm

by
| 1266 views | | 1 reply (February 22, 2018) | Reply
Post ID: @OP+RPqwd4D

1 reply

read the rest of the line: Extensions and discoveries: In 2017, extensions and discoveries were primarily due to higher prices at Surmont, which allowed undeveloped reserves previously de-booked due to low prices to be recognized.

Guess you've never done reserves for oil sands

by
| | Reply
Post ID: @2fvu+RPqwd4D

Post a reply

: