The latest deal will take it into three countries considered to be in the second tier of west African oil and gas plays. In Ghana, Anadarko will acquire a 50% stake in the Keta block. A deep-water seismic survey was recently completed here and a shelf-edge exploration well will be drilled later this year. Devon will remain operator. Anadarko has also acquired a 50% interest in Gabon's Agali block where a deep-water 3D seismic survey is set to be shot early next year to evaluate prospective areas identified by a recent 2D campaign.
Anadarko puts flag on west Africa map
ANADARKO Petroleum has struck a farm-in deal with Oklahoma's Devon Energy that will see the Houston-based indie make its first foray into the west African upstream sector and also assume operatorship of two licences. Anadarko already has operations in north Africa, specifically Tunisia and Algeria.
6 October 2000 0:00 GMT
Updated
6 October 2000 0:00 GMT