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Anadarko Petroleum Corporation was a company engaged in hydrocarbon exploration. It was organized in Delaware and headquartered in two skyscrapers in The Woodlands, Texas : the Allison Tower and the Hackett Tower , both named after former CEOs of the company.
Within a few years, the top positions at Anadarko had been filled by Kerr-McGee employees and many long-time Anadarko employees had left or been removed from the company, making the merger between Anadarko and Kerr-McGee a "wag the dog" transaction. Kerr McGee uranium mill near Grants, New Mexico. Sulfuric acid plant at Kerr McGee uranium mill.
Western Gas Holdings and Western Gas Partners were acquired by Anadarko Petroleum. [11] Crane is also the majority shareholder in Crane Worldwide Logistics LLC, chairman of the board for CargoJet , [ 13 ] and director of both Nabors Industries [ 14 ] and natural gas company Western Midstream.
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum. It also quadrupled its debt - to ...
Anadarko continues to show that it's among the top run E&Ps in the sector, beating analyst EPS estimates this past quarter. However, the real takeaway from Anadarko's third quarter was the company ...
When assessing an energy exploration and production company, one of the key things to look for is asset quality -- determined by factors such as the size of the company's reserves, per-unit ...
In 1977, the company sold Apexco and its non-petroleum holdings, including the ranch, and reinvested into a farm-in agreement with GHK to operate its wells in the Anadarko Basin. [5] In 1980, the company acquired a non-operating interest, via a participation in a Royal Dutch Shell joint venture, in operations in the Gulf Of Mexico. [5]
Anadarko's (APC) acceptance of Occidental's (OXY) bid has thrown down the gauntlet to Chevron (CVX) to come up with a better offer or walk away with a billion dollar in breakup fee.