Thread regarding Anadarko Petroleum Corp. layoffs

Anadarko is selling nearly all of its midstream assets

The company stated on Thursday that it plans to sell nearly all of its midstream assets and pipeline infrastructure to Western Gas Partners. Even though this is a planned move-away from midstream and the companies are in a master limited partnership, WGP will take full ownership and there is no doubt that Anadarko is selling these assets in order to raise cash, and is continuing a sad trend of easy selloffs. What’s gonna happen when there is nothing left to sell?

https://www.cnbc.com/2018/11/08/anadarko-to-sell-its-pipeline-and-storage-assets-for-4-billion.html

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| 1922 views | | 3 replies (last November 16, 2018) | Reply
Post ID: @OP+W7Y4yd0

3 replies (most recent on top)

Yes invalid drilling permits, the reason they sold assets in Tyler Polk and Jasper County. Wells, gathering system n processing plant. Never had signature from Operator that's been in field since 1950. Now they have to answer to RRC on the complaint filed. very sad Anadarko. Greed gets you nowhere. What's done in the dark does come to the light.

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Post ID: @3utp+W7Y4yd0

Invalid Drilling permits?

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Post ID: @2mat+W7Y4yd0

Anadarko is swimming with no life jacket. Anadarko will be selling a lot of things. Now they have to explain their invalid drilling permit for over 200 wells.

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Post ID: @2opx+W7Y4yd0

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