Article: Phillips to sell stake. (Phillips Petroleum Co. sells stock in Phillips Australian Oil Co. and Phillips Petroleum International Australia Proprietary Ltd. to Ampolex Ltd.)

BARTLESVILLE, Okla. -- Phillips Petroleum Co. said that its direct and indirect units have accepted an offer to sell their stock in Phillips Australian Oil Co. and Phillips Petroleum International Australia Pty. Ltd. to Ampolex Ltd.

Terms were not disclosed.

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