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Patriot Exploration has purchased 18,000 acres from Anadarko Petroleum Corporation in the central Big Horn Basin in Wyoming. Patriot Exploration has purchased 18,000 acres from Anadarko Petroleum ...
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ConocoPhillips Eyes $1B Sale of Oklahoma Oil & Gas Assets
ConocoPhillips (COP), the U.S. oil giant, is considering the sale of its oil and gas assets in Oklahoma, acquired through its $22.5 billion takeover of Marathon Oil last year, according to media ...
Validus Energy, Denver, an Elliott Investment Management portfolio company, has agreed to acquire the Anadarko basin business of 89 Energy, Oklahoma City, in a transaction valued at $850 million.
The assets, located in the Anadarko Basin and producing around 39,000 barrels of oil equivalent per day, are drawing interestespecially from players betting big on natural gas demand, driven by ...