Anadarko to sell deepwater Genghis KhanGOM discovery bought by Shenzi partners for $1.35 billion — Hess Corp., BHP Billiton, Repsol; proceeds for debt reduction Ray Tyson For Petroleum News
Anadarko Petroleum, which already has sold prize deepwater Gulf of Mexico properties to help pay down a hefty acquisition debt, has agreed to sell its Genghis Khan discovery for $1.35 billion to Hess Corp., Australia’s BHP Billiton and Spain’s Repsol YPF, owners of the adjacent Shenzi field.
Just re....
[additional news subjects in this story]
Genghis Khan discovered in 2005 First oil expected in mid-2007
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $59 per year.
Subscribers log in here to read the entire newspaper (1998 to 04/20/2012)
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 circulation@PetroleumNews.com --- http://www.petroleumnews.com --- S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2011 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
|