INDEPENDENTS EYE U.S., NON-U.S. PROSPECTS

Several large U.S. independent operators voice enthusiasm about acquiring prospects and producing leases at home and abroad. Chief officers of Anadarko Petroleum Corp., Louisiana Land & Exploration Co., Noble Affiliates Inc., Apache Corp., Maxus Energy Corp., Pogo Producing Co., and Santa Fe Energy Resources Inc. aired their views at a Merrill Lynch & Co. seminar for securities analysts in New York.

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