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Stock impact report

Australia's Far Ltd denied preemptive rights over Senegal oilfield stake [Reuters]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Reuters
Australia's Far Ltd denied preemptive rights over Senegal oilfield stake Feb 14 (Reuters) - Far Ltd said on Friday a tribunal ruled that the Africa-focused oil explorer did not have the preemptive right over Woodside Petroleum to buy a stake in an oilfield in Senegal. The stake sale by ConocoPhillips to Woodside for $350 million in 2016 was challenged by Far in the International Chamber of Commerce for arbitration. (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Sriraj Kalluvila) Show less Read more
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