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Egyptian News Latest News / Anadarko oil sells assets worth 4 billion dollars


Anadarko Petroleum, an oil and gas producer on Thursday, said he would sell all his assets
Including its pipelines to Partners Western Gas partner, for $ 4.02 billion.

The company sells assets in the Bermarian Basin in Texas, New Mexico and the DJ Basin in Colorado.

Both companies said: "West Gas" will have full ownership of "DBM" oil services and "ABC Water Holdings", while you get 50% at several gas stations in the Delaware Basin, Texas West.

The final sales agreement is expected in the first quarter of next year.

Date: 2018-11-08

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