Anadarko announces oil, gas discovery in U.S. Gulf

01/27/2010 | Reuters

Anadarko Petroleum found oil- and gas-bearing sands in one of its Gulf of Mexico test wells, boosting its shares. The company said it encountered 600 net feet of high-quality oil sands along with gas-bearing sands at the prospect, which was drilled to a total depth of about 20,600 feet.

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