ConocoPhillips Supports Flood Relief Efforts in Alberta
CALGARY--(BUSINESS WIRE)-- ConocoPhillips (NYS: COP) today announced a contribution of US$1 million to support relief efforts following massive flooding in southern Alberta. Half of this amount will be donated to the Red Cross and the other half allocated to local non-profit organizations supporting flooding relief and recovery efforts. The company will also match donations from ConocoPhillips Canada employees and U.S. employees and retirees.
"So many people in southern Alberta have been impacted by this disaster, and we want to support the outstanding work that emergency responders and organizations like the Red Cross have been doing, and will be doing over the coming days and weeks," said Ken Lueers, president of ConocoPhillips Canada. "Our thoughts are with all of those who are dealing with the impact of this flood, and our sincere thanks to the volunteers who have been working to help their neighbours. Canadians are resilient, and together we'll work to recover from this unprecedented natural disaster."
ConocoPhillips has been active in Canada for more than 100 years. With approximately 2,300 full-time employees and contractors, ConocoPhillips Canada is one of the country's largest oil and gas companies.
--- # # # ---
About ConocoPhillips Canada
ConocoPhillips Canada is one of the country's largest oil and gas exploration and production companies. Headquartered in Calgary, Alberta we are a leading producer of natural gas and liquids, with a world-class portfolio of assets in Western Canada and the Arctic. We're also one of Canada's top in-situ oil sands producers. To find out more about ConocoPhillips Canada, visit www.conocophillips.ca.
ConocoPhillips is the world's largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 30 countries, $57 billion in annualized revenue, $118 billion of total assets, and approximately 17,100 employees as of March 31, 2013. Production from continuing operations averaged 1,555 MBOED for the three months ended March 31, 2013, and proved reserves were 8.6 billion BOE as of Dec. 31, 2012. For more information, go to www.conocophillips.com.
KEYWORDS: United States North America Canada Texas
The article ConocoPhillips Supports Flood Relief Efforts in Alberta originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.