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Gold/Mining/Energy : Anadarko Petroleum Cp
APC 72.77+0.8%Aug 8 5:00 PM EST

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To: The Ox who wrote (29)7/12/1999 10:33:00 AM
From: The Ox  Read Replies (1) of 129
 
Anadarko Breaks the Mold of Independents, Petroleum Argus Special Report Says

HOUSTON, July 12 /PRNewswire/ -- Anadarko Petroleum (NYSE: APC) (APC) has grown from a sleepy U.S. gas exploration company to one of the most well-regarded oil and gas production companies in the world, according to a Special Report published in Weekly Petroleum Argus, the authoritative energy industry newsletter. The free Special Report includes an extensive interview with CEO Robert Allison, who has guided Anadarko's growth and is an outspoken critic of U.S. oil policy.

Anadarko is one of the new "super independents" with high-profile projects in the United States and internationally. It consistently ranks at the top of upstream performance surveys and is called by one analyst "the best oil and gas exploration and production company in the world." Wall Street in turn values Anadarko more highly than other independents.

With its attractive profile, Anadarko is potential takeover prey for a larger company but is well positioned to survive alone. The company expects to double oil and gas production over the next five years from projects soon coming on line in Algeria, Alaska, and the Gulf of Mexico. But the strategy is not without risks, and the company already has experienced some international failures.

For a free copy of the Special Report on Anadarko, contact the Petroleum Argus Sales Department by submitting your name at petroleumargus.com.

Petroleum Argus publishes over 20 newsletters that survey the global oil and gas industry, covering such issues as investment, corporate strategy, market trends, and pricing information. Petroleum Argus is the only global independent source of oil and gas pricing information backed by a series of analytical newsletters and deep historical databases. The web site -- petroleumargus.com -- describes individual newsletters and reports.

Contact: Daniel Massey, President, or John Donnelly, Senior Editor Americas, both of Petroleum Argus, 713-622-3996.

SOURCE Petroleum Argus

CO: Petroleum Argus; Anadarko Petroleum Corp.

ST: Texas

IN: OIL PUB

SU:

07/12/99 07:00 EDT prnewswire.com
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