Anadarko Canada Corp.

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Post Date
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Description

NEW, Anadarko Petroleum Corp., Houston, (NYSE: APC) has retained Tristone Capital Inc. to sell its subsidiary, Anadarko Canada Corp., as part of its portfolio refocusing efforts related to the recently announced agreements to acquire Kerr-McGee Corp. and Western Gas Resources Inc. Anadarko Canada currently produces approximately 340 million cubic feet equivalent per day (85% gas) with year-end 2005 proved reserves in Canada totaling some 1.6 trillion cubic feet equivalent (76% proved developed). The company has about 575 employees and is headquartered in Calgary with major area offices in Edson, Grande Prairie and Medicine Hat, Alberta, and Fort St. John, British Columbia. For more information, contact George F.J. Gosbee, 403-303-8652.