ConocoPhillips is an integrated energy company with interests around the world. Headquartered in Houston, the company had approximately 29,800 employees, $153 billion of assets, and $245 billion of revenues as of Dec. 31, 2011.

The company has announced plans to reposition its upstream and downstream businesses into two stand-alone, publicly traded corporations during the second quarter of 2012. Once the repositioning is complete;

• ConocoPhillips will become one of the industry’s largest and most diverse global pure-play exploration and production companies, and;
• Phillips 66, the downstream company, will become one of the largest U.S.-based refining companies, with integrated operations that also include segment-leading marketing, midstream and chemicals businesses.

ConocoPhillips’ repositioning is subject to market conditions, customary regulatory approvals, the receipt of an affirmative ruling from the U.S. Internal Revenue Service, the execution of separation and intercompany agreements and final board approval.

ConocoPhillips Canada (CPC) is one of the country's largest oil and natural gas production and exploration companies. Headquartered in Calgary, Alberta, we are a top three producer of natural gas, with a world-class portfolio of assets in western Canada, the Arctic, Atlantic Canada and oil sands interests near Fort McMurray, Alberta. We are the largest leaseholder in the Athabasca region of the oil sands. With about one million net acres in holdings, CPC is well positioned to become a leading in-situ producer.

Our story in Canada began over 100 years ago and continues today with our team of over 2,000 full-time employees. We develop our projects in a way that is intended to enhance the economic and social benefit to communities while minimizing the environmental impact associated with development. Together we will continue our journey toward becoming Canada’s safest, most respected and most profitable gas and bitumen producer.