COMPANY NEWS: Anadarko to acquire Howell in $265 million deal

Anadarko Petroleum Corp. said it will acquire Houston-based Howell Corp. in a cash deal valued at $265 million, which includes an estimated $65 million of Howell's bank debt once the deal closes. Anadarko is touting the acquisition as the "cornerstone" of a much larger effort to expand its oil production in Wyoming, which is where most of Howell's interests are located.Separately, Anadarko agreed to acquire from a unit of Petro Source Investments Inc., Houston, the right to purchase "significant quantities" of carbon dioxide and the exclusive rights to market and transport LaBarge CO2 production into Wyoming's Powder River basin.In other recent company news, US antitrust regul...

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