Subsidiary | |
Industry | Oil Production |
Founded | 1988 |
Defunct | 2006 |
Headquarters | Houston, Texas |
Key people
|
Bobby S. Shackouls, President & CEO |
Products | Petrochemical products |
Revenue | $1.5 billion USD (2005) |
Number of employees
|
2200 (2005) |
Burlington Resources, was an American oil and gas company. Their headquarters were in Houston, Texas. The company was acquired by ConocoPhillips in 2006.
Based in Houston, Texas, BR had major offices in Calgary, London, Farmington, Midland and Fort Worth. After the merger with ConocoPhillips, stockholders received 0.7214 shares of ConocoPhillips common stock plus $46.50 in cash for each share of Burlington Resources; before the merger, shares of Burlington Resources had last traded at $91.91.