PetroFalcon to Buy Anadarko Assets07 April 2008 14:48 Venezuela's PetroFalcon Corporation has agreed to buy Anadarko Petroleum's Venezuelan assets for US$200m. The deal is set to multiply daily oil production by almost eight times, "more than doubling" proven and probable reserves, says PetroFalcon’s Chairman and CEO Juan Francisco Clerico. The agreement is subject to approval by the Venezuelan Ministry of Energy and Petroleum. By staff writer » Email this link to a friend |
|
Copyright 2008 SPG Media Limited a subsidiary of SPG Media Group PLC
