Anadarko purchase to create company for oil exploration

Article Abstract:

Anadarko Petroleum Corp. has purchased Union Pacific Resources Group Inc. for approximately $4.4 billion (4.6 billion euros). The move will form an independent oil exploration and production firm.

Union Pacific Resources Group Inc., UPR

---

Amerada Hess to acquire Triton Energy

Article Abstract:

Amerada Hess Corp. has reached a deal to acquire Triton Energy Ltd. The deal is valued at approximately $2.7 billion (3.2 billion euros).

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Triton Energy Ltd., Amerada Hess Corp., AHC

---

Statoil buys stakes in Anadarko fields: Norwegian oil firm is paying $1.8 billion to tap more reserves

Article Abstract:

Norway's Statoil ASA is purchasing stakes in the Gulf of Mexico and Brazil from Anadarko Petroleum Corp. for $1.8 bil, and potentially an additional $300 mil based on oil prices. The deal gives Statoil the remaining 50% of the Peregrino field in Brazil that it does not already own, and the 25% interest Anadarko held in the Gulf of Mexico's Kaskida discovery.

Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, Company acquisition/merger, Norway, Statoil ASA, STL, Petroleum and gas industry software

Similar abstracts:

• Abstracts: Carnival agrees to buy Fairfield in move into time-share resorts. Carnival bids to rescue NCL from rival
• Abstracts: Eni enters into fiendly deal to take over Lasmo: Cash offer of 4.38 billion euros tops Hess' bid. Eni to purchase British Borneo
• Abstracts: Crude calculation: awash in a gusher of cash, oil firms are reluctant investors. TotalFina-Elf sees further synergies from its mergers
• Abstracts: H-P to buy Mercury for $4.5 billion in CEO Hurd's first big purchase. VeriSign agrees to buy Network Solutions Inc
• Abstracts: Ahold seeks to buy U.S. Foodservice in transaction valued at $2.68 billion. Ahold confirms plans to buy Alliant Exchange in stock deal

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.