The Houston-based explorer said capital investments thisyear are expected to be between $8.1 billion and $8.5 billion, up from $2013’soutlay of $7.7 billion.
The capital figure excludes investment associated with its master limited partnership Western Gas Partners LP, to which it recently shed its stakes in a trio of pipelines for $375 million.
The increased spending is targeted to drive sales volumes,excluding divestitures, up by 6% to 7% to between 290 million and 294 millionbarrels of oil equivalent from 2013’s 274 million boe.
Anadarko
