Anadarko To Acquire Gulfstream Resources

Anadarko Petroleum Corporation has entered into an agreement to acquire Canadian-based Gulfstream Resources Canada Limited for C$2.65 per share in cash. The total value of the acquisition is approximately US$137 million, subject to normal closing adjustments. The Gulfstream properties provide Anadarko with production and exploration in the Middle East, which offers a world-class petroleum system with high exploration success rates and low finding and developing costs.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Brent Crude Oil : $48.6/BBL 1.12%
Light Crude Oil : $46.34/BBL 1.24%
Natural Gas : $2.9/MMBtu 2.35%
Updated in last 24 hours