Anadarko's Independence Hub production restored (Anadarko Petroleum)

Date : 06/16/2008 @ 8:40AM
Source : TFN
Stock : Anadarko Petroleum Corp (APC)
Quote : 58.02  0.0 (0.00%) @ 7:35AM
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Anadarko's Independence Hub production restored (Anadarko Petroleum)

        HOUSTON (AP) - Anadarko Petroleum Corp. said Monday natural gas production
from a project in the deep waters of the Gulf of Mexico has been restored,
hitting a gross rate of about 900 million cubic feet per day.
    Output from the Independence Hub was halted April 8 after a pipeline leak
was found.
    About 450 million cubic feet per day of gas was shut-in before the leak was
fixed. But Anadarko continues to expect its full-year 2008 production guidance
to be within the previously announced range of 207 million to 212 million
barrels of oil equivalent.
    
Copyright 2008 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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