Crosspoint Ventures bids $190 million for Anadarko Canada assets

The purchase is part of a $2 Billion divestiture of Anadarko properties. The properties to be acquired are largely operated properties located inCentral Alberta, South East Alberta, and Saskatchewan. The divestiture includes related infrastructure interests, third party processing revenues, and a footprint of over 50,000 acres of developed land and 80,000 acres of undeveloped land.

In related news Anadarko earlier this month acquired Access Northeast Energy, a private Canadian company

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