Wednesday, May 16, 2012

Anadarko Shows Interest in $CHK's Permian

Anadarko Petroleum Corp. may be interested in purchasing some of heavily indebted Chesapeake Energy Corp.’s assets, the company’s new CEO said Tuesday.
“I think Chesapeake has a lot of attractive assets, including the Permian,” Anadarko CEO Al Walker said, referring to Chesapeake’s holdings in the oil-rich Permian basin of West Texas. “We certainly have some operations in the Permian, where we are partners with them. And as a result we will take a look at those.”
Entire article

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