GULF ACTION PACES ANADARKO BUDGET HIKE

Anadarko Petroleum Corp., Houston, has boosted its 1994 capital budget to $460 million from the $370 million planned earlier, largely on the strength of increased spending in the Gulf of Mexico. The company's revised budget calls for increased investments in offshore leases, exploratory drilling onshore and offshore in the U.S., and construction of platforms and other development facilities in the gulf.

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