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Vol. 11, No. 27 Week of July 02, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry

Anadarko’s $24.3 billion blockbuster

Kerr-McGee, Western Gas acquisitions would turn Anadarko into the largest U.S.-based exploration and production independent

Ray Tyson

For Petroleum News

Anadarko Petroleum’s pending $24.3 billion takeover of fellow exploration and production independents Kerr-McGee and Western Gas Resources left industry observers wondering whether Anadarko is biting off more than it can chew. The all-cash offers, coming on the heels of other high-profile mergers, i....

    [additional news subjects in this story]

Canadian assets on the block

$70.50 per Kerr-McGee share

Analysts see good fit

Kerr-McGee has 504 deepwater blocks


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