Anadarko Petroleum Bags $1.5 Billion In Sell Offs

Transaction Type

Sellers

Anadarko Petroleum Corp.

Buyers

Castleton Commodities International LLC

Announce Date

Mon, 10/31/2016 - 12:00 PM

Post Date

Oct 31, 2016

Close Date

Sat, 12/31/2016 - 12:00 PM

Estimated Price

$1,000.0MM

Description

Purchased the Carthage Field in N LA/E TX; produced 40 Mboe/d (72% gas, 25% NGL and 3% oil) in 3Q 2016. (Closed 4Q 2016)

Anadarko Petroleum Bags $1.5 Billion In Sell Offs

Castleton Seizes Anadarko Petroleum’s East Texas Play For $1 Billion