ConocoPhillips to Explore Offshore Bangladesh in the Bay of Bengal

ConocoPhillips COP today announced it has signed a Production Sharing Contract with the Government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips' first investment in the People's Republic of Bangladesh. ConocoPhillips holds 100 percent of the working interest in the PSC.