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What was an important advantage of ConocoPhillip's acquisition of Burlington Resources that COP may not have been aware of when they made the acquisition? This
What was an important advantage of ConocoPhillip's acquisition of Burlington Resources that COP may not have been aware of when they made the acquisition? This was mentioned in the lectures about the Burlington Resources Problem from the Relative Valuation chapter.
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It got them patents on processing NGLs.
It got them into the deep water of Gulf of Mexico reserves.
It got them into unconventional drilling technology and reserves.
They ended up with mineral rights in an area of California previously off limits.
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