Shell to acquire stake in BP-operated Conifer prospect in Gulf of Mexico
SHEL•Shell takes 30% stake in Conifer prospect
Sept. 2 (Reuters) - Shell Offshore, a subsidiary of British oil and gas major Shell, said on Wednesday it would acquire a 30% stake in the BP-operated Conifer exploration prospect in the Gulf of Mexico.
BP said in a separate statement it will retain the remaining 50% interest in Tupinamba and 70% in Conifer and continue as operator in both.
