Houston-based independent producer Anadarko Petroleum Corp. said last week its board gave thumbs-up to a company plan to raise its capital budget by 10% to $2.2 billion for the year, a move that will be largely funded by anticipated proceeds from $320 million in asset sales and company cash flow.
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Anadarko to Sell $320M in Assets to Help Fund Higher Capital Budget
Houston-based independent producer, Anadarko Petroleum Corp., said Thursday its board of directors has given thumbs-up to a company plan to raise its capital budget by 10% to $2.2 billion for the year, a move that will be largely funded by the anticipated proceeds from $320 million in asset sales and company cash flow.
August 9, 2002
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