Conoco Added 738 Million Barrels of Proved Reserves

(Corrects figure in headline.)

ConocoPhillips (COP) said its organic reserve replacement ratio was 120 percent of production last year.

The company added 738 million barrels of oil equivalent to its organic net proved reserves last year, according to a statement today.

To contact the reporter on this story: Tina Davis in New York at tinadavis@bloomberg.net

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

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