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Wednesday, Sep 11
Anadarko, Noble launch PR campaign to tout fracking in Colorado
- Anadarko Petroleum (APC) and Noble Energy (NBL) team up to tout the benefits of oil and gas development in Colorado, where opposition to fracking is mounting.
- The PR push makes sense for APC and NBL, whose North American oil and gas portfolios are full of Colorado assets; the companies plan to sink $10B into continuing to develop the Wattenberg field, part of the Denver-Julesburg basin in the eastern part of the state.
- While Colorado’s fracking regulation has been a model for other regions, the state is becoming a battleground on the issue.