On July 14, 2000, Anadarko Petroleum announced the closing of its acquisition of Union Pacific Resources Group. Union Pacific became a wholly owned subsidiary of Anadarko. Union Pacific shareholders will receive 0.455 shares of Anadarko common stock for each share of UPR common stock they own. The merged company has 56 drilling rigs in operation in the United States, making it one of the most active domestic drillers. The resulting company has domestic exploration and production operations in Texas, Louisiana, Alaska, the Mid-Continent and the Rocky Mountain regions, and the shallow and deep waters of the Gulf of Mexico.
The following table shows EIA and company data for the Anadarko-Union Pacific merger. This table is similar to data presentations that have been previously requested from EIA for other significant energy company mergers and/or corporate alliances.
Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration, July 21, 2000
URL: http://www.eia.doe.gov/emeu/finance/m&a/andrkupindex.html
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