ConocoPhillips Puts Williston Basin Oil Assets Up For Sale
- The basin assets could be valued at around $200 million
- Major oil companies fuel M&A boom amid shift to cleaner energy
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ConocoPhillips is marketing its Williston Basin oil assets for a potential sale, according to people with knowledge of the matter.
The company estimates it could fetch roughly $200 million for the assets in the Williston Basin of North Dakota and Montana, said the people, who asked not to be identified because the discussions are private.