Bottom Line Growth: Operational Efficiency & Cost Reduction - Research Report on Anadarko Petroleum, Apache, Plains Exploration & Production, EXCO Resources and Quicksilver Resources
NEW YORK, March 18, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports highlighting Anadarko Petroleum Corporation (NYSE: APC), Apache Corp. (NYSE: APA), Plains Exploration & Production Company (NYSE: PXP), EXCO Resources Inc. (NYSE: XCO) and Quicksilver Resources Inc. (NYSE: KWK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Anadarko Petroleum Corporation Research Report
With focus on profitability and capital efficiency, Anadarko Petroleum recently signed a definitive agreement with an undisclosed party for its Heidelberg development project. The estimated 400 barrels of recoverable resources gives Anadarko Petroleum $3 billion worth in assets from the deep-water development in Heidelberg. Anadarko Petroleum's strategy for the ongoing project in Lucius Spar is to "design one, build two" amid its efforts to promote cost reduction while accelerating its project by up to 18 months. The carried-interest agreement is expected to be finalized by April 2013. The Full Research Report on Anadarko Petroleum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/358e_APC]
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Apache Corp. Research Report
After a long streak of successful exploration and development drillings, Apache is now focusing on ramping up its operations for completion and startup of production. The proximity of Apache's AMOUN NE-1X well to its production facilities will allow the company to advance its production phase without compromising the safety of its operations. In an official press release, Apache announced that it plans to drill 270 wells, including more than 60 exploration wells in Egypt this year. The company also cited the success of its WD 33 Development Lease acquisition in the Abu Gharandig Basin. The Full Research Report on Apache Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/0683_APA]
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Plains Exploration & Production Company Research Report
Since its acquisition of strategic deep-water oil and gas properties in the Gulf of Mexico, analysts and investors are bullish that Plains Exploration & Production can significantly increase its revenues. Plains Exploration & Production is expected to boost its operations in the area as it continues its strategic exploitation of oil and gas. The company's fourth quarter and full-year 2012 financial and operating results highlighted the success of its one-month benefit from its Gulf of Mexico assets. It also reported solid reserve replacement and higher reserve value. The Full Research Report on Plains Exploration & Production Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/ae50_PXP]
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EXCO Resources Inc. Research Report
Cost reduction and efficiency programs will continue to buoy EXCO Resources after its successful implementation last year. EXCO Resources' improved operational efficiency is a reason to be bullish as the company intends to 26 gross (15.5 net) operated wells with a three rig program. Recently, EXCO Resources announced its partnership Harbinger Group Inc. This partnership's interest is the acquisition of conventional oil and natural gas assets in Danville, Waskom and Holly Fields in East Texas and North Louisiana, as well as the Cotton Valley formation. The Full Research Report on EXCO Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/b193_XCO]
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Quicksilver Resources Inc. Research Report
Early this year, Quicksilver Resources closed the acquisition and exploration agreement with SWEPI LP for its interest in 320,000 net acres of the Sand Wash Basin. The Northwest Colorado project is expected to boost Quicksilver Resources' liquidity as it continues to improve its cost structure. The company's stronger balance sheet is expected to help fund future project developments. Quicksilver Resources reported that it has ongoing transaction efforts after its recent completion of wells in Sand Wash Basin and Midland Basin in West Texas. The Full Research Report on Quicksilver Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/f6d8_KWK]
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