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Oil & Gas

Anadarko makes natural gas discovery in Mozambique

November 29, 2011
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HOUSTON — U.S. oil and natural gas company Anadarko Petroleum announced Monday the discovery of more natural gas at its well in Mozambique, according to a press release.

The company said that the block where it was prospecting for hydrocarbons had between 15 and 30 trillion cubic feet of recoverable natural gas.

"The positive results of each appraisal well that we have drilled and analyzed have continued to increase our estimate of recoverable resources and natural gas in place on our block, and to add to our confidence that this could be one of the most important natural gas fields discovered in the last 10 years, with significant long-term benefits for Mozambique," said Anadarko Chairman and CEO Jim Hackett.
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