PRESS RELEASE: RPSEA and ANGA Member Companies Win Big at Platts Global Energy Awards

It was a doubly successful night for two ANGA member companies at the recent 2009 Platts Global Energy Awards.
 
Not only did Chesapeake Energy take home the award for Energy Producer of the Year, but the company was recognized as the top-ranking industry leader of the year, too. Now that’s impressive! “Chesapeake has a track record of very strong financial and operating results with consistent production growth for 19 consecutive years, increasing production by 18 percent in 2008,” the judges wrote. “They hold a No. 1 or No. 2 position in each of the Big 4 shale plays, with no other company having more than one top-two position.”
 
If that isn’t enough to recognize our member companies’ leadership, Anadarko was awarded Energy Company of the Year and its chief executive, James Hackett, was named CEO of the Year. (Want to see why:  See Hackett in action for yourself in Monday’s edition of CNBC’s Closing Bell.)  The judges pointed to Anadarko’s three-year transformation following its acquisition of two major competitors, noting that with Hackett at the rudder, the firm had successfully steered through numerous divestitures, exceeded its production targets, restored its balance sheet and maintained its commitment to exploration, which paid off in one of the world’s top 10 discoveries offshore Ghana.
 
Congratulations on your well-deserved recognition as leaders in the energy industry!
 
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Regina Hopper
Author: Regina Hopper
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Category: rpsea in the news