Anadarko’s Answer: Grow Value
Anadarko has the right people to grow
- Never had a general layoff
- Committed to exploration
- Reputation attracts the best new talent
- Of 23 recent geoscientist recruits offered jobs, 21 accepted
Anadarko has a deep prospect inventory
- $875 MM 2001 exploration program
- Exposes APC to 3 BBOE net risked reserves
- Significant resources allocated to R&D/Basin Studies
- Diversified play types, time frames, and potential
Anadarko has a pre-eminent land position
- Land Grant: 7.5 million acres in a high-growth basin, royalty free, held in perpetuity
- Huge Alaskan position
- Largest leaseholder in subsalt GOM & amassing key deepwater GOM acreage
- International exploration acreage in Atlantic Margin, Eastern Canada, West Africa, and Georgia
Anadarko’s long-term strategy has positioned the company to thrive in the current environment.