Anadarko farewell fires up buyers’ market
Company officials prefer single buyer for 340 million cf equivalent per day of gas and 1.6 tcf equivalent proved reserves
For Petroleum News
Lock-stock-and-barrel or piecemeal — that’s the question seizing the Canadian oil patch as Anadarko bids adieu to the Great White North.
In putting its wholly owned Western Canadian assets up for sale, with the prospect of covering 45 percent of the US$10 billion worth of divestitures needed to com....
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Prices have hit C$70,000-C$100,000 per flowing barrel
Company unloaded 84 properties in 2004
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