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Re: TxAgTailgater post# 45

Tuesday, 12/24/2013 7:49:48 PM

Tuesday, December 24, 2013 7:49:48 PM

Post# of 59
The Anadarko Basin will be the single-largest investment region for Newfield Exploration in 2014. The coming year’s capex of $1.6 billion is essentially flat with the prior year, but investment in the Anadarko Basin almost doubled. Newfield allocated $360 million to the area in its 2013 spending plan but ramped it up to $700 million for 2014, amounting to 44% of total spend from last year’s 25%.

Purely my own opinion. Do your Due Diligence.
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