Anadarko Subsidiary Files Registration Statement in Connection with Midstream MLP.HOUSTON -- Anadarko Petroleum Corporation Anadarko Petroleum Corporation (NYSE: APC) is one of the world’s largest independent oil and gas exploration and production companies, with 2.37 billion barrels of oil equivalent (BOE) of proved reserves and a production of 190 million BOE in 2004. Ranked No. (NYSE NYSE See: New York Stock Exchange :APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. ) today announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Western Gas Partners, LP, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of 18,750,000 common units representing limited partner interests, along with up to an additional 2,812,500 common units that may be purchased at the option of the underwriter. Application will be made to list the common units of Western Gas Partners, LP, on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "WES WES World Education Services WES Waterways Experiment Station WES Washington Elementary School (Visalia, California) WES Women's Engineering Society (UK) WES West Elementary School ". Anadarko formed Western Gas Partners, LP, in August 2007 to own certain of Anadarko's midstream assets. UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Investment Bank is acting as structuring advisor and will serve as lead book-running manager of this offering. When available, a preliminary prospectus relating to these securities may be obtained from the prospectus department at UBS Investment Bank, 299 Park Avenue, New York, NY 10171, or by calling 212-821-3000. The registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Anadarko and Western Gas Partners believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release, including Anadarko's or Western Gas Partners' ability to complete the proposed initial public offering. Neither Anadarko nor Western Gas Partners undertakes any obligation to publicly update or revise any forward-looking statements. |
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