Denbury Resources (DNR) To Acquire Properties Valued at $1.05 Billion

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ConocoPhillips (COP) Sees $120M Benefit to Q4 Results from Cedar Creek Sale

January 15, 2013 7:42 AM EST

ConocoPhillips (NYSE: COP) shares are ticking higher Tuesday morning following an agreement with Denbury Resources (NYSE: DNR) for a large property sale.

Denbury will acquire Cedar Creek Anticline from Conoco for about $1.05 billion.

According to the release:... More