The US minerals giant will take over Anadarko’s 18.67% stake in Mississippi Canyon blocks 940, 941, 984 and 985, which comprise the Vito project area. The package also includes the US independent’s 50% stake in Mississippi Canyon blocks 943, 944 and 945, as well as Anadarko’s wholly owned Atwater Valley blocks 65, 148, 149, 151 and 194, and its 50%-owned blocks AV 18 and 19.
Anadarko sells its Vito stake to Freeport-McMoRan
Anadarko has sold its non-operated stake in Shell’s Vito deep-water project in the Gulf of Mexico to Freeport-McMoRan for $500 million.
31 October 2014 1:00 GMT
Updated
31 October 2014 1:00 GMT
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