Posts Tagged ‘anadarko’

Shoreline buys into Wattenberg oil

by on November 22, 2012 4:12 am BST
The Calgary-based company said it would purchase the non-operated 1.45% equity from a private US-based company for about C$ (US$12.5 million). The acquisition covers about 89 square kilometres in the Denver-Julesburg basin in Weld County, Colorado.Jointly operated by Anadarko Petroleum and Noble Energy, the Wattenburg project

Anadarko ‘sets Kenya spud date’

by on November 5, 2012 12:16 pm BST
The US independent will begin one of the two wells before the end of the year with the first spudding on 13 December, Reuters quoted Kenyan permanent energy secretary, Patrick Nyoike, as saying.The wildcats, in Block L7 and Block L11a, will be drilled back to back, the news wire

Anadarko swings to third quarter profit on higher sales absent settlement charges

by on October 30, 2012 2:22 am BST
Anadarko swings to third quarter profit on higher sales absent settlement chargesBY ALISON SIDER AND NATHALIE TADENAHOUSTON -- Without the burden of a hefty Deepwater Horizon settlement charge, Anadarko swung to a third quarter profit on higher volumes of oil sales and increased activity in U.S. shale formations.Anadarko reported

Anadarko posts profit on production rise

by on October 29, 2012 7:04 pm BST
The Woodlands, Texas-based company reported income of $121 million, or 24 cents per share, for the three months that ended in September. That compared to a loss of $3.05 billion in the 2011 quarter, which came as a result of costs associated with the 2010 blowout of the Macondo well and resulting