Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Freeport selling Gulf of Mexico assets
As part of a corporate effort to focus more closely on copper production, Freeport-McMoRan's oil and gas subsidiary, Freeport-McMoRan Oil & Gas, has entered into an agreement to sell its Deepwater Gulf of Mexico assets to Anadarko Petroleum for total cash consideration of $2 billion and up to $150 million in contingent payments. The contingent payments would be received over time as Anadarko realizes future cash flows in connection with Free- port's recently completed third-party production-handling agreement for the Marlin platform. Anadarko will also assume future abandonment obligations associated with the properties, which had a book value of approximately $500 million at June 30.
Freeport selling Gulf of Mexico assets
As part of a corporate effort to focus more closely on copper production, Freeport-McMoRan's oil and gas subsidiary, Freeport-McMoRan Oil & Gas, has entered into an agreement to sell its Deepwater Gulf of Mexico assets to Anadarko Petroleum for total cash consideration of $2 billion and up to $150 million in contingent payments. The contingent payments would be received over time as Anadarko realizes future cash flows in connection with Free- port's recently completed third-party production-handling agreement for the Marlin platform. Anadarko will also assume future abandonment obligations associated with the properties, which had a book value of approximately $500 million at June 30.
Freeport selling Gulf of Mexico assets
2016
Aufsatz (Zeitschrift)
Englisch
REACHING NEW DEPTHS -- Port Freeport on the Gulf of Mexico has ambitious plans...
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