ConocoPhillips Canada

Our History

We can trace our history in Canada back over 110 years. Our story demonstrates our commitment to the community, our innovative approach to technology and our adaptability during the changes faced by our industry.

Here are some highlights.

2000 - 2010

2000: Conoco takes over Petro-Canada’s midstream assets, including the Empress natural gas plant and a 930 kilometre pipeline to Winnipeg, Manitoba.

2001: Conoco carves its mark in Canada with the successful acquisition of Gulf Canada Resources Limited. Completed in record time, the deal becomes the largest oil and gas transaction in Canadian history. The addition immediately increases Conoco’s natural gas production and proved natural gas reserves by 50 percent and worldwide reserves (including oil, natural gas and bitumen) by 40 percent.

2006: The company, now ConocoPhillips, completes the acquisition of Burlington Resources, growing its portfolio of gas reserves, including a significant expansion in Western Canadian conventional and resource plays.

2010: ConocoPhillips Canada divests its nine percent interest in Syncrude oil sands mining assets. The move signals a shift to in-situ oil sands production and contributes significantly to the parent company’s plans to sell $10 billion of assets over two years.