Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. As of December 31, 2011, the Company had over 2.5 billion barrels of oil equivalent (BOE) of proved reserves. Anadarko�s asset portfolio includes positions in onshore resource plays in the Rocky Mountains region, the southern United States, and the Appalachian basin. The Company is also independent producers in the deepwater Gulf of Mexico, and has production and exploration activities globally, including positions in high-potential basins located in East and West Africa, Algeria, China, Alaska, and New Zealand. The Company operates in three segments: Oil and gas exploration and production, Midstream, and Marketing. In May 2011, in the Wattenberg area, the Company acquired an additional 93% interest in 195 million cubic feet per day processing facility from a third party.