Matt Fox, a Conoco executive vice president, called the move an “important milestone” as the company works to get out of deepwater exploration in West Africa.
FAR said in a statement that Conoco “failed to comply with the terms” of a joint operating agreement.
Source: http://fuelfix.com/blog/2016/08/23/conoco-partner-tries-to-block-offshore-sale/
From the same article.
"Last month, Houston-based Conoco, the world’s largest independent oil producer, announced it agreed to sell its interest in three exploration blocks off the coast of Senegal to Australia’s Woodside Petroleum for about $430 million."
and
"The three offshore exploration blocks, Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore, have a net value of about $250 million, Conoco said."
430 million for 250 million in value? doesn't add up.