ConocoPhillips Acquires Niobrara Acreage from Lario Oil & Gas

ConocoPhillips COP today announced that it has entered into an agreement to acquire up to 46,000 net acres of leasehold from Lario Oil & Gas Company in the Colorado counties of Arapahoe, Adams, Elbert and Douglas. This agreement represents a significant investment by ConocoPhillips in this area south and east of the greater Denver metroplex.