Anadarko Petroleum (APC) and its partners make another major natural gas discovery in the Rovuma...

|About: Anadarko Petroleum Corporation (APC)|By:, SA News Editor

Anadarko Petroleum (APC) and its partners make another major natural gas discovery in the Rovuma Basin offshore northern Mozambique that may add 30Tcf to recoverable resources already discovered. The discovery could raise the stakes in the takeover battle for APC partner Cove Energy (CNVGF.PK), perhaps sparking a higher bid from Shell (RDS.A, RDS.B). APC +1% premarket.