Anadarko Announces First Deepwater Discovery Offshore Mozambique

Thursday, February 18th, 2010

Anadarko Petroleum Corporation (NYSE:APC) today announced the Windjammer exploration well in the frontier Rovuma Basin offshore Mozambique has reached an intermediate casing point and encountered more than 480 net feet ...


Anadarko Announces Successful Appraisal of Tweneboa Discovery

Tuesday, January 26th, 2010

Anadarko Petroleum Corporation (NYSE:APC) today announced the Tweneboa-2 appraisal well, offshore Ghana, encountered more than 105 feet of net pay in stacked reservoir sands that was contained within a gross ...


US crude for November delivery is $71.63 a barrel on the New York Mercantile Exchange ,London Brent crude $70.22 a barrel.

Wednesday, September 23rd, 2009

Nigeria's crude oil production averaged 2.09 million barrels per day in the second quarter, up from 2.01 million bpd during the same period last year, the National Bureau of Statistics ...


Oil News from around the web, Crude oil for August 2009 delivery fell as much as $0.63, or 0.9%, to $66.10 a barrel on the New York Mercantile Exchange. Brent crude oil for August 2009 settlement dropped as much as $0.79, or 1.2%, to $65.86 a barrel on London’s ICE Futures Europe exchange

Friday, July 3rd, 2009

Kosmos Energy, a privately-held oil company with a stake in Ghana’s newly-discovered oil reserves, has been the subject of interest from China and India’s ONGC. Now Shell is rumoured to ...


Anadarko Announces Pricing of $900 Million of Senior Notes

Friday, June 12th, 2009

 Anadarko Petroleum Corporation (NYSE:APC) today announced it has priced its registered public offering of $900 million of senior notes in the following three tranches: $275 million of senior fixed-rate notes due ...


Anadarko Announces Public Offering of 30 Million Shares of Common Stock

Wednesday, May 13th, 2009

HOUSTON--(BUSINESS WIRE)--May. 11, 2009-- Anadarko Petroleum Corporation (NYSE:APC) today announced a registered underwritten public offering of 30 million shares of its common stock. Anadarko will grant the underwriters a 30-day ...


Addax Petroleum Secures Fifth Generation Drillship to Commence Deepwater After Exploration in 2009

Wednesday, March 11th, 2009

Deepwater exploration campaign expected to commence in the fourth quarter of 2009 Calgary, Alberta, March 11th, 2009 – Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX:AXC and LSE:AXC), today announces ...


GNPC announces another “significant” new oil and gas discovery

Tuesday, March 10th, 2009

The Ghana National Petroleum Corporation (GNPC) on Monday, announced that a significant new oil and gas discovery has been made in the offshore Tano Basin. GNPC and its partners, Tullow Oil, ...


Oil News, w/e 13/02, Kosmos Energy Seeks Buyers For Ghana Oil Assets

Friday, February 13th, 2009

Oman began pumping natural gas from the West Bukha offshore field off the Musandam Peninsula, with forecasts of 40 million cubic feet per day by 2010. The Ras al-Khaimah Gas Commission ...


Fitch Affirms Anadarko Petroleum’s IDR at ‘BBB-’; Outlook Stable

Tuesday, August 26th, 2008

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Anadarko Petroleum Corporation's (NYSE:APC) long-term Issuer Default Rating (IDR) and other associated debt ratings following its announcement of a $5 billion stock repurchase program. Anadarko ...


Anadarko Announces $5 Billion Share Repurchase Program

Tuesday, August 26th, 2008

Affirms Debt-to-Cap Target Range of 25% to 35% HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE:APC) today announced that its Board of Directors has authorized a share repurchase program of up to $5 billion. ...


Anadarko Announces Successful Flow Test Offshore Ghana

Tuesday, June 10th, 2008

Updates Estimated Resource Range for Jubilee Field HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE: APC) today announced the results of the Mahogany-2 drillstem test in the Jubilee field located on the West Cape ...


Anadarko Reaffirms Full-Year Production Guidance

Wednesday, May 14th, 2008

HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE:APC) today announced it has reaffirmed its full-year production guidance at 207 million to 212 million barrels of oil equivalent. The reaffirmation comes after an announcement ...


Anadarko Schedules First-Quarter 2008 Earnings Conference Call for May 6

Wednesday, April 16th, 2008

First-Quarter 2008 Results Tuesday, May 6, 2008 9 a.m. CDT (10 a.m. EDT) Dial-in number: 888-713-4205 International dial-in number: 617-213-4862 Confirmation number: 89231908 HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE:APC) will host a conference call on Tuesday, May ...


Anadarko Enters Into $1.3 Billion Revolving Credit Facility

Wednesday, March 5th, 2008

HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE:APC) today announced that it has entered into a new $1.3 billion five-year committed revolving credit facility with a group of lenders. The facility replaces the ...


StatoilHydro and Anadarko have signed an agreement

Tuesday, March 4th, 2008

StatoilHydro and Anadarko have signed an agreement whereby StatoilHydro will take over the remaining 50% in the Brazilian Peregrino project. This will give StatoilHydro a 100% working interest and operatorship ...


Anadarko Announces Sale of Peregrino and Kaskida

Tuesday, March 4th, 2008

HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE:APC) today announced the sale of its 50-percent interest in the Peregrino field offshore Brazil and its 25-percent interest in the BP-operated Kaskida Unit in the ...