ConocoPhillips Begins Evacuations from Shut-in Magnolia Platform

ConocoPhillips is closely monitoring the progress of Hurricane Ike, which is expected to enter the Gulf of Mexico on Tuesday.

Exploration and Production Operations

In order to ensure the safety of its employees and contractors, ConocoPhillips began evacuating non-essential personnel from the Magnolia platform. The Company's current plans are to fully evacuate by Wednesday if the hurricane remains on the current projected path. The Magnolia field remains shut in for ongoing scheduled maintenance.

ConocoPhillips is also making plans to discontinue operations in its South Louisiana asset area if needed. Much of the inland water operations in South Louisiana remain shut-in due to the impacts from Hurricane Gustav.

Read more on preparations for Hurricane Ike in Rigzone's Special Coverage Preparing for Ike to Strike.