re: Oilfield rumors

The Exxon/Anadarko rumor has been circulating for years. Exxon CEO Rex Tillerson has two years left to improve upon his less than stellar legacy. He gambled on Russia and that has been a failure to date. The XTO acquisition was tarnished when natural gas prices plummeted with no significant rebound in sight. Some experts speculate he will try to make a splash in the wake of the Shell/BG mega deal. Anadarko would make sense but it woukd come at a premium price. Anadarko boasts a nice diverse portfolio including significant assets located in Gulf of Mexico, Mozambique, etc. Apache has also been mentioned along with EOG who lacks offshore and international production. Anadarko CEO Al Walker has a track record of building and selling so anything is possible.