CONOCOPHILLIPS COMPANY
HOUSTON, TX

Our technical capabilities, asset quality and scale, and financial strength are unmatched among independent exploration and production companies and uniquely position us to compete around the world. ConocoPhillips is committed to the efficient and effective exploration and production of oil and natural gas. Producing oil and natural gas and getting them to market takes ingenuity, technology and investment. Our innovative, collaborative efforts yield products that improve quality of life globally while producing economic benefits with far-reaching influence.​ SPIRIT Values set the tone for how we behave. These core values are the fundamental principles and standards of behavior by which we are guided each and every day. The words are not proprietary to our company but the combination and the acronym are pure ConocoPhillips. . As our first SPIRIT Value, safety is the cornerstone of ConocoPhillips operations. Our philosophy – “Our work is never so important that we cannot take the time to do it safely” – was adopted in the late 1930s and has served a constant reminder of the importance of protecting the health and well-being of our people, our partners and the communities where we work each day.​​​​​ Our people are our most important asset and the key to our success. That’s why we respect one another, and consistently demonstrate honesty and commitment in our words and actions. We believe in creating an environment of trust, and giving people access to learning opportunities and challenging work assignments, so they can realize their true potential as individuals and contribute to the company’s progress. We aim to be the preferred and trusted partner of choice for our stakeholders and to operate in an ethical and trustworthy manner. By demonstrating visible and active leadership in communities where we operate, ConocoPhillips creates and maintains inclusive, honest and mutually-beneficial relationships with those who are impacted by our business or who have the ability to impact our business. Our goal is to create and maintain long-term relationships. We are accountable for our actions. As a good neighbor and civic partner we strive to make a positive impact in communities where we operate through charitable efforts and volunteer commitments. We are committed to conducting our business in a manner that promotes a healthy environment while thoughtfully preparing for the future by pursuing lower carbon energy sources. We adhere to robust operating standards and procedures and have a proven track record of responsible operations. We use technological advances to minimize our environmental footprint; resource development, safety and environmental stewardship can and must be achieved together. We have an uncommon ability to unlock the potential in our people, technologies and the world’s energy resources. Developing and applying innovative technology is a key component of our future success and social license to operate. As an independent company we focus on applying the most leveraging technologies where they can create the most value, anticipating change and responding with creative solutions. We are agile and responsive to the changing needs of stakeholders and embrace learning opportunities from our experience around the world. We work together, building strong partnerships and relationships with our colleagues, as well as all people impacted by or interested in our activities. We believe in proactively seeking out different perspectives, breaking down silos and communicating the “why” behind the decisions we make, and looking beyond the events of today to help our company succeed in the future. ConocoPhillips’ approach to sustainable development is driven by our commitment to responsibly provide oil and natural gas for the world’s growing energy demand. We are guided by our and adhere to robust operating standards and procedures that have delivered a proven track record. Our sustainable development approach is integrated into the company’s planning and decision making with a foundation of policies and positions, action plans, performance indicators, engagement and transparent reporting. Our governance model extends from the Public Policy Committee of the board of directors, through the executive team, to company leaders and subject matter experts. Our company’s strategy and decision making includes consideration of climate related financial risks. - We safely deliver first oil at our Surmont 2 in-situ oil sands facility, successfully moving from the capital phase to the production phase of this megaproject. Oil Production Startup in Norwegian North Sea - Oil production begins from the Eldfisk II project in the North Sea. This is our second major startup in Norway since late 2013. Gas Production Startup in Malaysia - Gas production begins from the Kebabangan (KBB) gas field, located approximately 60 miles offshore Malaysia. Oil Production Startup in Malaysia - We achieve first oil production from the Gumusut-Kakap Floating Production Facility, located approximately 75 miles offshore Sabah, Malaysia. Our scientists and engineers use technology to maximize production of existing resources and to develop areas that were previously thought to be unrecoverable. We do all of this with a commitment to safe and responsible development that helps achieve economic growth, preserves and creates jobs, and ensures quality of life. That's a wrap! Our 2018 seismic program on the North Slope has come to an end after a safe and productive season. #DYK that by sending small vibrations into the ground and measuring the reflected waves off rock layers, we can identify the location of hydrocarbon reservoirs? #CoolScience #ConocoPhillips… Exploration and Production Exploration and Production ConocoPhillips holds a working interest in the deepwater Block CA-2 production sharing contract (PSC), with an exploration period through December 2018. Exploration and Production The company’s Canadian operations are comprised primarily of oil sands assets in the Athabasca region of northeastern Alberta and unconventional development in western Canada.