- Entered into an amendment agreement with ConocoPhillips (NYSE: COP) in relation to the proposed acquisition by OER of the Nigerian oil and gas business of ConocoPhillips (the " COP Acquisition"); and
- Terminated the Brass LNG Purchase Agreement.
ConocoPhillips will sell its 50% non-operated interest in the Foster Creek Christina Lake oil sands partnership, and the majority of its western Canada Deep Basin gas assets.
The Dow Jones Industrial Average ends an eight-session losing streak with a triple-digit gain, clawing back from some of the heavy losses seen over the past week.
Stocks add to session highs on Tuesday as gains in the financials and energy sectors boost markets.