UPDATE: SWEET GAS RELEASE NEAR TUMBLER RIDGE

CALGARY, ALBERTA ? December 13, 2007 ? 6:45pm ? ConocoPhillips crews continue to work to extinguish the well fire and stop a sweet gas release that occurred on Sunday, December 9, 2007. The release occurred at a ConocoPhillips well site located approximately 30 kilometers northeast of Tumbler Ridge, British Columbia, during routine drilling operations. There were no injuries.

The company has taken several steps to ensure the safety and well-being of the public, our employees, our contractors and the environment. We have contracted HSE Integrated Ltd. to support with well control procedures, the largest oilfield safety services and emergency response company in Canada. Roadblocks have been set up to restrict site access and all contractors and equipment are being routed to avoid communities and protect public safety. Air monitoring equipment has also been set up. Additionally, company representatives are providing regular updates to local communities.

ConocoPhillips? standard practice after an incident like this is to take immediate steps to ensure all of our rig operations are safe. We are holding safety meetings at each rig site to review the incident with contractors and employees as well as drilling plans and safety procedures.

The incident is currently contained to the site and the flow has diminished considerably, resulting in a smaller flare. We do not believe this incident currently poses a safety or health risk to the local community. ConocoPhillips continues to work closely with the Oil and Gas Commission of British Columbia.

Further updates will be provided as they become available.