Anadarko buys $225 million in GOM assets from HessNearly 23 million barrels of oil equivalent added to company’s production Petroleum News Houston Staff
Anadarko Petroleum, just days after its stock price was hammered on disclosure of missed production targets, said June 9 it had acquired $225 million worth of Amerada Hess properties on the Gulf of Mexico’s aging continental shelf. The acquisition gives the big Houston independent an additional 4,00....
[additional news subjects in this story]
Production volumes down Delays in pipeline projects Some properties to be sold
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