During last Tuesday's Analyst & Investors Meeting, ConocoPhillips (COP) announced plans to farm out 25% of a package of operated assets in Alaska. On Thursday, Alaska’s Energy Desk reported that the package includes old, new and unbuilt projects representing most of Conoco’s Alaska holdings. The assets included in the sale are the Kuparuk River unit (including Nuna), the newer Alpine unit to the west (including the Narwhal discovery) and the undeveloped Willow project in the National Petroleum Reserve in Alaska.
As shown in the graphic below, the notable asset exception is COP's 36%