Anadarko Petroleum Report 2011 Q4 Results

Oil and Gas Investing

Anadarko Petroleum Corporation (NYSE:APC) reported 2011 fourth quarter results.

Anadarko Petroleum Corporation (NYSE:APC) reported 2011 fourth quarter results.

As quoted in the press release:

2011 Operational Highlights

  • Delivered record sales volumes of 248 million BOE (barrels of oil equivalent), driven by a 10-percent year-over-year increase in liquids
  • Added 392 million BOE of proved reserves, replacing 159 percent of production
  • Achieved 80-percent success rate in offshore exploration and appraisal drilling programs

Click here to read the Anadarko Petroleum (NYSE:APC) press release.

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