Close the acquisition of Shell Enterprises LLC’s Delaware basin position
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 20 Sep 2021
- Due
- 31 Dec 2021
- Delivered
- 1 Dec 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“closing is expected in the fourth quarter of 2021 subject to regulatory clearance and the satisfaction of other customary closing conditions.”
What we found
Evidence strength A What the grades mean
ConocoPhillips completed the acquisition of Shell Enterprises LLC’s Delaware Basin assets on December 1, 2021, which is within the fourth quarter of 2021.
-
A Conocophillips 10-K filed 2022-02-17
“On December 1, 2021, we completed our acquisition of Shell Enterprises LLC’s (Shell) assets in the Delaware Basin.” ✓ confirmed on the page
Market reaction: the shares moved +1.2% against the S&P 500 over the three sessions around the disclosure (16 Feb 2022 to 22 Feb 2022). What this measures
Checked 2 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Shell Enterprises LLC’s Delaware basin position
- Where
- Texas
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to regulatory clearance; satisfaction of other customary closing conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
Are you Conocophillips? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.
Report an error in this entry Reference: KI-C-2021-COP-004227 · Corrections policy