Anadarko Petroleum (APC -0.6%) and South Africa's PetroSA sign a farm-in deal for oil and gas...

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

Anadarko Petroleum (APC -0.6%) and South Africa's PetroSA sign a farm-in deal for oil and gas exploration in blocks off the coast of South Africa. APC says it likes the country because it offers frontier acreage and the potential to grow a business if the exploration work proved successful. APC will hold an 80% in the blocks and will serve as operator.