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Anadarko Plans Multibillion-Dollar Investment in Colorado Oil & Gas Field, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire -08/23/12)- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Anadarko Petroleum Corporation (APC) (The Woodlands, Texas) is planning a multi-year, multibillion-dollar grassroot investment in Colorado to increase production of oil and natural gas from the Wattenberg Field. This year, Anadarko will invest about $1 billion to produce oil and gas from the Wattenberg, and the company expects to continue that level of annual capital investment for several years, company spokesman Brian Cain told Industrial Info in an interview.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.