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Vol. 7, No. 3 Week of January 20, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Anadarko to cut 2002 capital spending by half

Record earnings projected for 2001, but company says plans now reflect downturn in industry

Kristen Nelson

PNA Editor-in-Chief

In spite of expected record earnings for 2001, Anadarko Petroleum Corp.’s 2002 capital spending plan will be approximately $2 billion, about 50 percent of 2001 volumes. The company said actual spending levels could vary considerably depending on commodity prices. The proposed budget, which hasn’t ye....

    [additional news subjects in this story]

Record earnings for 2001

Alaska a long-term interest


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