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

10/07/2002
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...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected