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Aris extends water agreement with ConocoPhillips to 2040
PositiveFinancial Markets
Aris has just locked in a long-term deal with energy giant ConocoPhillips, extending their water supply agreement all the way to 2040. This isn’t just about keeping the taps running—it’s a big vote of confidence in their ongoing partnership, likely tied to oil and gas operations where water plays a key role.
Editor’s Note: Water might not sound exciting, but in energy production, it’s a critical resource—especially for drilling or extraction processes. A 16-year extension signals stability for both companies and hints at long-term planning in an industry often rocked by volatility. For locals or investors, it’s a sign business is steady (for better or worse, depending on your stance on fossil fuels).
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