Anadarko, EOG Strike Deal With New York AG on Fracking
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Anadarko Petroleum Corp. and EOG Resources Inc. agreed to disclose to investors the financial and environmental risks of fracking under an accord with New York Attorney General Eric Schneiderman, as the state contemplates lifting a moratorium on gas drilling.
The companies will provide publicly accessible information about the regulation and litigation risks on their operations, Schneiderman said in a statement today. The companies will release the information in filings with the U.S. Securities & Exchange Commission.