Anadarko Announces $2 Billion Capital Budget for 2002.
Business Wire (January 31, 2002)
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Anadarko Announces $2 Billion Capital Budget for 2002.
Business/Energy Editors
HOUSTON--(BUSINESS WIRE)--Jan. 31, 2002 Anadarko Petroleum Corporation (NYSE:APC) said today that its board of directors has approved an initial capital spending budget of $2 billion for 2002. By comparison, the company's capital expenditure program was $3.3 billion in 2001. The reduced spending level reflects currently weak commodity prices for oil and gas. "With energy prices where they are today, it's going to be an opportunity-building year, not a production-building yea...Try vLex for FREE for 3 days
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