COP Description — ConocoPhillips
ConocoPhillips is engaged in exploring for, producing, transporting and marketing crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. Co. manages its operations through six operating segments, which are defined by geographic region: Alaska, Lower 48 and Latin America, Canada, Europe, Asia Pacific and Middle East, and Other International. At Dec 31 2012, Co.'s continuing operations were producing in the U.S., Norway, the U.K., Canada, Australia, offshore Timor-Leste in the Timor Sea, Indonesia, China, Malaysia, Qatar, Libya and Russia. Also, as of Dec 31 2012, Co. had total net proved reserves of 8.64 billion barrels of oil equivalent.