Hot on the heels of a reorganization capped by last year's sale of US3.5-bil worth of assets,Anadarko Petroleum expects no major merger and acquisition activity until at least 2006 as it focuses on developing its restructured portfolio.Executives at the Houston-based independent offered analysts a detailed,five-hour review of that portfolio June 22,dividing the company's focus between what it now calls foundation assets and growth platforms.Anadarko CEO Jim Hackett said the restructuring has repositioned the company for new growth and boosted net risked-resource potential of 2.1-bil boe above the 2.4-bil boe in proved reserves reported at the end of 2004.
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