ANCHORAGE, Alaska, Jan. 14 /PRNewswire/ -- Anadarko Petroleum Corporation
(NYSE: APC) today announced that its Anchorage-based exploration team for the
Cook Inlet Basin has relocated into new offices in the city.
In mid-December 1998, the company's four-person Cook Inlet exploration
staff moved into the Calais I Building on C Street. Gary Ford, Project
Manager-Alaska Development for Anadarko, directs the company's Anchorage-based
team. Mark Hanley, Manager, Public Affairs-Alaska for Anadarko, also has
offices in the Calais building.
Anadarko has six employees at its offices in the Calais building.
Anadarko's new address in Anchorage is 3201 C Street, Suite 603, Anchorage, AK
99503; phone 907-563-9519; fax 907-563-9479.
Anadarko's exploration staff for the Cook Inlet Basin previously had
offices in ARCO Alaska, Inc.'s building in Anchorage since late 1996.
Anadarko said the relocation of its exploration team was in response to
the company's expanding oil and gas interests in Alaska. Two Anadarko
employees will continue to work on loan to ARCO Alaska in Anchorage for
certain joint venture activities.
Through the end of 1998, Anadarko has invested a cumulative of more than
$140 million in Alaska, of which approximately $80 million was spent in 1998
primarily on the Alpine development project.
"We are very pleased to move into our new offices in Anchorage," said Gary
Ford. "With our office in Anchorage, Anadarko's direct involvement increases
in our various joint interest projects. We are able to work closer with
state, local and federal officials and improve our access to Alaska
contractors and suppliers. Anadarko's operations in Alaska will continue to
play a significant role in the growth of the company's worldwide exploration
and production activities."
SOURCE Anadarko Petroleum Corporation
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Related links: http://www.anadarko.com
Company News On-Call: http://www.prnewswire.com/comp/038950.html or fax, 800-758-5804, ext. 038950
CONTACT: Mark Hanley, Anchorage, 907-563-9519, or Carol Cox, Houston, 281-873-3855, both of Anadarko Petroleum Corporation
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