HOUSTON, TX – Pickering Energy Partners (PEP) advised ConocoPhillips (COP) on their sale of certain non-operated Permian EOR assets located in Gaines and Yoakum Counties. The sale includes COP’s interests in the Denver Unit, Denver Unit CO₂ Recovery Plant, and South Wasson Unit, which are operated by Occidental.

Pickering Energy Partners served as financial advisor to ConocoPhillips on the transaction.

About Pickering Energy Partners

Pickering Energy Partners (PEP) is an energy-focused financial services platform. Our expertise spans decades across the entire energy landscape. We are, at our core, trusted energy advisors, investors, and partners alongside our clients. The PEP platform includes Investment Banking, Capital Markets, Investments, and Research. Headquartered in Houston, Texas, PEP delivers an experienced, opportunistic team that aims to provide guidance and long-term value for clients while having a positive impact on the companies and communities that PEP invests in.

For more information, please visit www.PickeringEnergyPartners.com.

Pickering Energy Partners LP (“PEP”) is a SEC Registered Investment Adviser. Affiliated PEP Advisory LLC (“PEP BD”) is a registered broker-dealer, member FINRA/SIPC.