ConocoPhillips to give up stake in Mont. oil, gas leases:

04/28/2010 | Houston Chronicle (tiered subscription model)

ConocoPhillips will abandon its shares in oil and gas leases on 169,000 acres near Glacier National Park, saying that a long-standing court suspension stifled efforts to develop the land. Though ConocoPhillips said it could have developed the leases with environmentally friendly practices, it complied with a request by Montana Democratic Sens. Max Baucus and Jon Tester for a voluntary retirement of the leases, company spokesman Charlie Rowton said.

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