ConocoPhillips Considers Selling Prime Oklahoma Assets

ConocoPhillips is considering the sale of oil and gas assets in Oklahoma, which it acquired through its $22.5-billion purchase of Marathon Oil last year, Reuters reported exclusively on Wednesday, citing unnamed sources familiar with the matter. The company has enlisted investment bank Moelis & Co.

to facilitate the sale of these assets, according to Reuters’ unconfirmed report, noting that the process is still in its early stages, and a deal has yet to be finalized.  The sale could potentially involve assets in the Anadarko Basin,…