Western Gas Resources, Inc. Announces Stockholder Approval of Merger Agreement
2006年8月24日 - 1:16AM
PRニュース・ワイアー (英語)
DENVER, Aug. 23 /PRNewswire-FirstCall/ -- Western Gas Resources,
Inc. (NYSE:WGR) ("Western") today announced that at its special
meeting of stockholders held in Denver today, the stockholders
voted to adopt the merger agreement with Anadarko Petroleum
Corporation (NYSE:APC) ("Anadarko") and to approve the merger of
Western with a subsidiary of Anadarko. The proposed merger was
announced on June 23, 2006, and is expected to be completed
immediately following the satisfaction of customary closing
conditions set forth in the merger agreement. Under the terms of
the merger agreement, Western stockholders will receive $61.00 per
share in cash for each share of common stock. Company Description.
Western is an independent natural gas explorer, producer, gatherer,
processor, transporter and energy marketer. The Company's producing
properties are located primarily in Wyoming, including the
developing Powder River Basin coal bed methane play, where Western
is a leading acreage holder and producer, and the rapidly growing
Pinedale Anticline. The Company also owns and operates natural gas
gathering, processing and treating facilities in major
gas-producing basins in the Rocky Mountain, Mid-Continent and West
Texas regions of the United States. For additional Company
information, visit Western's web site at
http://www.westerngas.com/. This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 regarding the completion
of the merger transaction with Anadarko. Although the Company
believes that its expectations are based on reasonable assumptions,
Western can give no assurances that its goals will be achieved.
These statements are subject to numerous risks and uncertainties,
which may cause actual results to differ materially. These risks
and uncertainties include, among other things, the satisfaction of
customary closing conditions, and other factors as discussed in the
Company's 10-K and 10-Q Reports and other filings with the SEC.
DATASOURCE: Western Gas Resources, Inc. CONTACT: Andrea Brown,
Investor Relations Representative of Western Gas Resources, Inc.,
+1-800-933-5603, or +1-303-252-6206, Web site:
http://www.westerngas.com/
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