A wholly-owned subsidiary of Anadarko purchased a 20% equity interest in the Saddlehorn Pipeline Project Magellan Midstream Partners (ticker: MMP) and Plains All American Pipeline (ticker: PAA) announced today that a wholly owned subsidiary of Anadarko Petroleum (ticker: APC) exercised its option to purchase a 20% equity interest in Saddlehorn Pipeline Company. MMP and PAA will each have 40%equity ownership
Western Gas Partners Expands Delaware Basin Position Houston based Western Gas Partners (ticker: WES) yesterday announced the acquisition of Anadarko’s (ticker: APC) 50% interest in the Delaware Basin JV (DBJV) gathering system. Williams Companies (ticker: WMB) owns the other 50% of the pipeline and will continue to operate the pipeline. The DBJV assets are located in close proximity to the
Largest environmental cleanup in DOJ history ends uncertainty for APC: stock celebrates Manhattan federal Judge Katherine Forrest approved a deal yesterday to have Anadarko Petroleum Corp. (ticker: APC) pay $5.15 billion to clean up nuclear fuel and other pollution in the largest-ever environmental cleanup recovery in the Department of Justice’s history, Reuters reported. Kerr-McGee Corp. (ticker: KMG), which Anadarko acquired
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