Anadarko says could reduce activity in Colorado if voters approve drilling restrictions [Reuters]
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Source: Reuters
Anadarko says could reduce activity in Colorado if voters approve drilling restrictions | Reuters 1 Min Read HOUSTON, Oct 31 (Reuters) - Oil and gas producer Anadarko Petroleum Corp on Wednesday said it may reallocate some resources out of Colorado if voters in that state approve a ballot proposal that limits drilling in populated areas. It could focus more in West Texas and New Mexico if Colorado voters on November 6 pass a law requiring up to 2,500-foot separations between drilling and homes, schools and parks, Anadarko said. Its backlog of drilled-but-uncompleted wells and approved permits in Colorado would allow it to sustain planned 2019 levels, regardless of the outcome of the vote, executives said on a conference call. (Reporting by Liz Hampton Editing by Chizu Nomiyama) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Anadarko says could reduce activity in Colorado if voters approve
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