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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (65597)	5/2/2000 1:40:00 PM
From: The Ox	Read Replies (1) \| Respond to of 95453

Anadarko Reports Bossier Well Results HOUSTON, May 2 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced results from one of its field extension wells in the Bossier Sand Play. Natural gas volumes from the Blair A-3 well, which began flowing April 28, are currently selling at a rate of 51.5 million cubic feet per day at 4,500 psi flowing casing pressure. The company's natural gas production from the Bossier Play in East Texas has increased to more than 195 million cubic feet per day (gross). Anadarko is making modifications to its Dew Gathering System to accommodate this significant rise in production. The Blair A-3 well, located in the Dew Field of Freestone County, Texas, was spudded on March 6 and reached total depth of 12,885 feet on April 13. Perforation and fracture stimulation operations commenced on April 26. The company has an 82.5% working interest in the well, with El Paso Production Company owning the remaining 17.5%. Anadarko has 21 rigs in operation throughout its East Texas Bossier Play. For more information about Anadarko's worldwide operations, visit the company's web site at www.anadarko.com. Except for historical information, all other information in this presentation consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these risks and uncertainties are described in Anadarko's SEC filings and reports and exhibits to those reports, and include (but are not limited to) the costs and difficulties related to the integration of acquired businesses, commodity pricing and demand, exploration and operating risks, development risks, and the costs and other effects of governmental regulation and legal and administrative proceedings. Anadarko undertakes no obligation to publicly update or revise any forward-looking statements. SOURCE Anadarko Petroleum Corporation CO: Anadarko Petroleum Corporation ST: Texas IN: OIL SU: 05/02/2000 11:44 EDT prnewswire.com