Wednesday, April 7, 2010 as of 11:14 AM ET
Anadarko Petroleum Corporation () is one of the world’s largest independent oil and gas exploration and production companies, with approximately 2.3 billion barrels of oil equivalent (BOE) of proved reserves and production of 206 million BOE as of December 31, 2008. Anadarko employs a worldwide workforce of about 4,700. The company is headquartered in The Woodlands, SPD Montgomery County, Texas.
Read More at Wikipedia ›PTT Exploration & Production PCL (PTTEP.
TH) said Wednesday it and Cove Energy PLC (COV.LN) have agreed on the terms of a recommended cash offer to be made by the Thai company's unit, which values the firm at GBP1.22 billion (US$1.93 billion) and trumps rival bidder Royal Dutch Shell PLC's (RDSA) GBP1.12 billion offer.Thailand's second-largest petroleum explorer by production capacity after Chevron Thailand Exploration & Production Ltd. said its unit, PTTEP Africa Investment Ltd., will make the offer for Cove, a junior partner in a potentially huge natural gas field off the Mozambique coast, as part of the Thai company's plan to secure overseas natural gas supplies in the face of limited domestic discoveries.At 0830 GMT, the company's shares fell 5.3% to a six-month low of THB153 compared to the broader market's 1.3% decline, after it said it will use cash and committed debt facility available to PTT Exploration group to fund the deal, sparking concerns about a potential capital increas...Today, these stocks are up on high volume:Chesapeake Energy Corporation (NYSE:CHK) was up on high volume today, after trading at a volume of 75.5 million, or two tim...
A consortium of 11 energy producers including Anadarko Petroleum , Chesapeake Energy Corp. , Chevron , Cabot Oil & Gas , Royal Dutch Shell and Exxon Mobil said Tuesd...
FBN’s Sandra Smith breaks down Anadarko Petroleum ’s first-quarter earnings results.
Harris Financial Group Managing Partner Jamie Cox, Raymond James President of Fixed Income Kevin Giddis and OptionsXpress Senior Market Analyst Joe Cusick on Shutterfly and Anadarko’s first-quarter earnings results.
DOW JONES NEWSWIRESAnadarko Petroleum Corp.'s (APC) first-quarter profit surged as the oil-and-gas company booked a huge gain from a tax-related settlement in Algeri...
Anadarko Petroleum Corp. , citing a $1.8 billion tax settlement with Algeria, reported late Monday its first-quarter 2012 profit rose to $2.16 billion, or $4.28 cent...
A subsidiary of Anglo-Dutch oil major Royal Dutch Shell PLC (RDSB.LN) and Cove Energy PLC (COV.LN) said Tuesday they have reached an agreement on terms of a recommen...
The Liberian government could draft the initial set of laws that will regulate its nascent oil industry before the end of this year, said the head of the National Oi...
A trio of major energy players, including Enterprise Products Partners LP (EPD), has struck a deal to develop a new natural gas liquids pipeline that will stretch fr...
BP PLC (BP, BP.LN) said Tuesday it has signed an agreement to lease 84,000 access in Utica/Point Pleasant Shale in northeast Ohio for future oil-and-gas production. ...
Shares of Kosmos Energy Ltd. rose 6%, Anadarko Petroleum moved up 0.9% and Tullow Oil PLC rose 4.8% on Friday. Tullow, the operator and 49.95% owner of the Tano Bloc...
THE WOODLANDS, Texas -( Dow Jones )- The U.S. could become relatively energy independent by 2035 thanks to the development of domestic oil resources and increasing p...
PTT Exploration & Production PCL (PTTEP.TH) said Wednesday it and Cove Energy PLC (COV.LN) have agreed on the terms of a recommended cash offer to be made by the Tha...
PTT Exploration & Production PCL (PTTEP.TH) said Wednesday it is offering GBP1.22 billion (US$1.93 billion) in cash to buy Cove Energy PLC (COV.LN), a junior partner...
Cove Energy PLC (COV.LN) Tuesday unveiled a major natural-gas discovery offshore Mozambique amid a bid offer on the U.K. oil and gas company by major Royal Dutch She...
New Zealand will offer for the first time via tender a number of onshore and offshore oil and gas exploration blocks this month, Minister of Economic Development Phi...
FBN's Tracy Byrnes breaks down afternoon market news.
London-listed oil exploration and production company Tullow Oil PLC (TLW.LN) disappointed investors Friday as its partner in an offshore Ghana project reported negat...
Cove Energy PLC (COV.LN), the AIM quoted upstream oil and gas company that is in the process of being taken over by Royal Dutch Shell PLC (RDSA), together with opera...
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