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Our look at
ANADARKO PETROLEUM CORP.

UPDATES

Feb. 16, 2010 - Japanese conglomerate Mitsui & Co. is taking an initial $1.4 billion stake (32.5%) in Anadarko Petroleum Corporation's assets in Marcellus Shale, and may eventually invest up to $4 billion in the venture.
  
Anadarko has assets in almost a dozen US onshore natural gas plays. Anadarko’s exploration program includes more than one million acres in the Eagleford, Haynesville and Marcellus shales, as well as other plays. Anadarko fairway positions include Denver-Julesburg in Colorado; the Appalachian Basin in Pennsylvania; Delaware, East Texas and Maverick Texas; Uinta in Utah; and Green River and Powder River in Wyoming.
 
Formed in 2005, Anadarko’s Midstream Group includes compression, gas purchases, gathering, processing, treating and dehydration.
 
Anadarko formed a limited partnership in 2008, Western Gas Partners, LP, to acquire, develop, operate and own midstream energy assets. Service areas include southwest Kansas, the Oklahoma panhandle, East and West Texas, the Powder River Basin in Colorado, the four corners area in Utah, and Southwest Wyoming.
 
Anadarko is the largest independent deepwater producer in the Gulf of Mexico, with exploration and/or production in Alaska, Algeria, Brazil, China, Indonesia, Mozambique and West Africa.
 

  

Corporate Headquarters
 Anadarko Petroleum Corporation
1201 Lake Robbins Drive
The Woodlands, Texas  77380
Phone: 832-636-1000
  
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