re: Ann: Mako Appoints Macquarie and Acquires...
Just down the road
ConocoPhilips (COP US; US$65.52); Rating: Neutral; Target: US$74.00 Net Sections: 135 Conoco has licensed two Duvernay horizontals in the Willesden Green area in what appears to be the liquidsrich gas/oil window of the play. We also understand that in the coming months, Conoco is set to license another horizontal Duvernay well in the area.
MKE Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
