Anadarko Petroleum Corp.

UPDATED, Anadarko Petroleum Corp. has retained Madison Energy Advisors to sell its assets in Kit Carson, Lincoln, Cheyenne and Kiowa counties, southeast Colorado. First-quarter 2004 net production on the properties was 3,300 barrels of oil equivalent per day (76% oil). At year-end 2003 proven reserves on the properties were 7.3 million barrels of oil equivalent. Some 82% of the properties are operated by Anadarko, and all have exploration and development upside opportunities. For more information, contact Peter Horn, 281-876-2244.