Anadarko to purchase Canada’s Berkley Petroleum
Petroleum News Alaska Staff
Anadarko Petroleum Corp. said Feb. 12 that it will acquire Canada-based Berkley Petroleum Corp. for C$11.40 a share in cash for an equity value of U.S.$777 million plus assumption of debt estimated at U.S.$250 million, expanding Anadarko’s position in Canadian gas.
Berkley Petroleum is an explorati....
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