ConocoPhillips Contributes $2 Million to The Academy of Medicine, Engineering and Science of Texas

HOUSTON.- ConocoPhillips [NYSE:COP] announced today that it will contribute $2 million over the next four years to the endowment fund for The Academy of Medicine, Engineering and Science of Texas (the Academy).

The Academy brings the state’s top scientific, academic and corporate minds together to further position Texas as a national research leader. The Academy also hopes to foster the next generation of scientists, and to increase the awareness and communication among the state’s best and brightest about research priorities for the future.

“ConocoPhillips has a strong commitment to education and new technology,” said Jim Mulva, chairman and chief executive officer, ConocoPhillips. ”We’re pleased to support the efforts of the Academy to promote innovation, research and collaboration in Texas"

“With this gift, ConocoPhillips has again demonstrated its strong commitment to excellence in research, discovery, and education in the State of Texas,” said Academy President Dr. J. Tinsley Oden. “We are truly grateful for this contribution and look forward to a continued association with ConocoPhillips in years to come.”

“ConocoPhillips’ generous contribution to the Academy will benefit researchers and students alike in Texas and help make our state and our country more competitive in the critical fields of science, technology, engineering, and math,” said Sen. Kay Bailey Hutchison, co-founder and honorary chairwoman of the Academy. “ConocoPhillips has earned a reputation for achieving excellence in its field, and with this gift they are also helping our research institutions excel. Today I express the gratitude of hundreds of Academy members across the Lone Star State for ConocoPhillips’ donation.”

The Academy was founded in 2004 to provide broader recognition of the state’s top achievers in medicine, engineering and science, and to build a stronger identity for Texas as an important destination and center of achievement in these fields. Members include Texas Nobel Laureates and more than 200 National Academy members.