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Total (TOT), Statoil (STO) and Denmark’s Maersk are reportedly expected to bid in the...

  • Monday, January 16, 2012, 4:06 AM ET
    Total (TOT), Statoil (STO) and Denmark’s Maersk are reportedly expected to bid in the first round of the auction for Anadarko's (APC) Brazilian ops, which are valued at $3B-$4B. Winning the auction would increase the exposure to the region of any of the three bidders.
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This news story has 3 comments:

  •  
    STO.....the best operator imo, wondering if APC heads to the Bakken, Long STO, WES,......APC's little brother.
    16 Jan 2012, 09:57 PM Reply Like
  •  
    Getting shot of Brazil is extremely positive for Anadarko, abysmally negative for Maersk if they "win" the auction.
    16 Jan 2012, 11:21 PM Reply Like
  •  
    Leaving Brazil is obviously the best move for Anadarko. You can't make a move there without a payoff.
    17 Jan 2012, 02:04 AM Reply Like
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