El Merk Is One of Anadarko's Mega-Projects and Should Create Substantial Value

摘要

Anadarko Petroleum Corporation outlined its investment program for 2009 in February, indicating that it has budgeted to spend 4-4.5 billion this year - including expenses on geological and geophysical surveys. Exploration and appraisal activities will absorb around 20% of this budget and the implementation of the U.S. company's "mega-projects" a further 20%.