Bloomberg News

Anadarko Sanctions Lucius Project in Deep-Water Gulf of Mexico

December 16, 2011

Dec. 15 (Bloomberg) -- Anadarko Petroleum Corp. and its partners sanctioned the development of the Lucius project in the deep-water Gulf of Mexico.

Lucius holds an estimated 300 million barrels of oil equivalent, the company said in a statement today. The company expects drilling at the site to begin in 2012, with first production in 2014.

Link to Statement:{NSN LW8W203V2801 <GO>}

To contact the editor responsible for this story: Jessica Resnick-Ault at jresnickault@bloomberg.net


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