US Energy Boom Keeps Oil, Gas Independents Close To Home

Law360, New York (September 19, 2013, 6:55 PM EDT) -- Recent moves by Apache Corp., Anadarko Petroleum Corp. and Marathon Oil Corp. to shed international assets in order to focus on domestic operations signal an accelerating stateside shift by U.S. oil and gas independents, as the U.S. energy boom unlocks lucrative opportunities that aren't as risky as ones found abroad, experts say.

Last month, Anadarko unloaded a 10 percent stake in a gas field off the coast of Mozambique to Indian state-owned oil company ONGC Videsh Ltd. for $2.6 billion, saying the proceeds would be used...
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