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Phillips and Bartlesville. (Journally Speaking).(Phillips Petroleum Co.)(Brief Article)

The Oil and Gas Journal

| April 01, 2002 | Lawson, Bob | COPYRIGHT 2003 PennWell Publishing Corp. (Hide copyright information)Copyright

The Phillips Petroleum Co. stockholders and the Conoco Inc. stockholders last month ratified their muchanticipated merger. The stockholders who voted appeared to like the idea of marriage, by 96% Conoco and 97% Phillips.

A lot has been printed about how the two companies make a good match. The two have been familiar with each other for many years, so it is not like one of those "arranged marriages" in some countries where the only thing one partner knows about the other before the ceremony is a name and maybe a picture. It should work well.

One of the consequences of this merger, however, is the stated intent of the Phillips top management to move the new …

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