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

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.
Comments (3)
  • Hillbilly Stock Star
    , contributor
    Comments (722) | Send Message
     
    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
  • Retired User
    , contributor
    Comments (1803) | Send Message
     
    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
  • Dr. V
    , contributor
    Comments (1179) | Send Message
     
    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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