Anadarko Minerals, Inc.
Anadarko Minerals, Inc. is a privately-held oil and natural gas exploration and production company formed in Oklahoma City in 1990. The Company is owned by William Dutcher, members of his family and senior management of Dutcher & Company, Inc.
Anadarko Minerals has grown primarily through acquisitions of royalty and non-operated working interests in producing oil & natural gas properties in the Anadarko Basin of Western Oklahoma and the Texas Panhandle. The company's 27 employees operate 384 wells and manage interests in over 860 additional wells/leases. The Company has made more than 75 acquisitions of producing properties and has either participated in or, caused the drilling of, 168 wells since 2005 developing more than 205 BCF of gas and 3.6 million barrels of oil.
We are seeking additional acquisition opportunities. Our preference for all types of producing well interests (royalty, non-operated and operated working interests) is in long life natural gas reserves within the Anadarko Basin, primarily in Beckham, Roger Mills, Custer, Washita, Dewey, and Caddo counties of Oklahoma and the eastern half of the Texas Panhandle.
Anadarko Minerals is also looking for additional drilling opportunities that can be financed by its existing cash flow. The company has participated in approximately 100 exploration and development wells drilled since 2005 as both conventional and horizontal completions. We have over eight thousand acres of leases to be developed and are positioned to further expand our active drilling program again this year.