Bright outlook for Anadarko, Plains E&P Gulf prospect

摘要

Houston-Success at the upcoming ultradeepwater Phobos prospect in the Gulf of Mexico could be worth $17-$50/share to prospect stakeholder Plains Exploration & Production Company, which is partnered with Anadarko Petroleum, an industry analyst said July 9. In addition, Plains believes the first well on the prospect has a 50% chance of success, RBC Capital Markets analyst Leo Mariani said in a July 8 report.