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Anadarko continues momentum in the Lower Tertiary with Phobos discovery

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Report summary

On 25 April 2013 Anadarko announced a discovery at its Phobos prospect encountering 76 metres of net oil pay in Lower Tertiary aged sands in the deepwater Gulf of Mexico. Our base case valuation for Phobos is US$600 million.

What's included

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  • Document

    Anadarko continues momentum in the Lower Tertiary with Phobos discovery

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Table of contents

  • Phobos discovery opens the Sigsbee Escarpment protraction area
  • Anadarko successful in third Lower Tertiary probe of 2013
  • Proximity to Lucius project provides convenient development scenario
  • A diversity of players surround the Phobos discovery
    • Economic Assumptions
    • Modelling Assumptions

Tables and charts

This report includes 1 images and tables including:

Images

  • Anadarko blocks surrounding the Phobos discovery

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