Anadarko reports "encouraging" results from Ohio shale wells

04/19/2012 | Reuters

Results from Anadarko Petroleum's first Utica Shale wells are "encouraging," said Bob Daniels, the company's senior vice president of worldwide exploration. One well produced 9,500 barrels of light-gravity crude oil in its first 20 days, while another two wells produced a total of 20,000 barrels of light-gravity crude and 37 million cubic feet of natural gas, the company said.

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