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Anadarko Petroleum (APC) discovers a major natural gas field off the coast of Mozambique, which...

Anadarko Petroleum (APC) discovers a major natural gas field off the coast of Mozambique, which it says could hold more than 20T cubic feet of gas and underpin plans to develop a world-class LNG export operation in the country. Reuters speculates the move could intensify the battle for Cove Energy (CNVGF.PK), one of APC's partners in the gas find.
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Comments (2)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    I've got one in the back yard, the neighbor has one too. Welcome to the party.
    15 May 2012, 08:45 AM Reply Like
  • gcmagone
    , contributor
    Comments (1028) | Send Message
     
    Cove is worth pursuing but, the really big prize in this area is Eni SpA (E). They have a 70% interest in Area 4 immediately east of Anadarko's Area 1.
    15 May 2012, 09:13 AM Reply Like
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