Newfield, Anadarko Acquire TXCO Assets in $310M Deal

摘要

Ending with an unexpected twist at the end of a bidding war for bankrupt San Antonio-based TXCO Resources Inc.’s oil and gas assets in the Maverick Basin of Southwest Texas, Newfield Exploration Co. and Anadarko Petroleum Corp. — once competitors for the assets — announced a joint transac-tion last week valued at up to $310 million.