Anadarko sees higher sales this year from mineral interests

THE WOODLANDS, Texas (Bloomberg) -- Anadarko Petroleum Corp., the explorer that owns 8 million acres of mineral rights in the Rocky Mountains, said the holdings are accelerating beyond last year’s $675 million revenue boost. The disclosure has encouraged investors who want The Woodlands, Texas-based company to sell some interest in the land or find a way to more fully recognize its value, said Fadel Gheit, an analyst with Oppenheimer & Co. in New York.

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