Anadarko Announces Leadership Changes

HOUSTON, May 10, 2017 /PRNewswire/ -- Anadarko Petroleum Corp. (NYSE: APC) today announced its board of directors has named Daniel E. Brown Executive Vice President, International and Deepwater Operations and Bradley J. Holly Executive Vice President, U.S. Onshore Exploration and Production. Darrell E. Hollek, formerly Executive Vice President, Operations, will serve as a senior adviser until his retirement later this year.

"Danny and Brad have each been with Anadarko for the last two decades, and have demonstrated outstanding leadership abilities during their careers," Anadarko Chairman, President and CEO Al Walker said. "We are fortunate to have widely respected, experienced and proven leaders like Danny and Brad to drive the next chapter of growth and value creation for Anadarko's U.S. onshore, deepwater Gulf of Mexico and international assets. We owe Darrell our gratitude for his many contributions over the last 37 years. He was instrumental in leading many areas of the company over the years, as well as helping to build the deep opportunity set our portfolio offers today. We will continue to benefit from his insight over the next several months in his advisory role and wish him all the best in retirement."

Brown began his career with the company in 1998. Most recently, Brown served as Senior Vice President, International and Deepwater Operations since August 2016. He has held a variety of positions within Anadarko, including Vice President, Operations for Anadarko's Southern and Appalachia Region, Vice President, Corporate Planning, General Manager of the Maverick Basin and the company's Freestone/Chalk area (U.S. onshore), Business Advisor for Planning and Reserves Administration in the Gulf of Mexico, and engineering roles in both the U.S. onshore and the Gulf of Mexico. He holds a Bachelor of Science in Mechanical Engineering from Texas A&M University and a MBA from Rice University, where he was a Jones Scholar Award recipient. Brown is a registered Professional Engineer in the state of Texas and serves on the Board of Advisors at the World Affairs Council.

Holly began his career in 1994 with Amoco and joined Anadarko in 1997. He most recently served as Senior Vice President, U.S. Onshore Exploration and Production. During his more than 20 years of experience, Holly has held positions of increasing responsibility in onshore and offshore engineering and management. He served as Senior Vice President, Operations for Anadarko's Rocky Mountain Region, Vice President, Operations for the Southern and Appalachia Region, and General Manager of Anadarko's Greater Natural Buttes area in eastern Utah and the Maverick Basin, which included the Eagleford Shale development in southern Texas. Prior to that, he served as Reserves and Planning Manager for the Southern and Appalachia Region and was a reservoir engineer and development supervisor on Anadarko's Marco Polo and K2 developments in the deepwater Gulf of Mexico.

Holly is a past Chairman of the Colorado Oil & Gas Association (COGA), and currently serves on the Board of Trustees for Mile High United Way and the Industry Advisory Board for the Texas Tech Petroleum Engineering Department. He is also a member of the Society of Petroleum Engineers. Colorado Governor John Hickenlooper appointed Holly to the Task Force on State and Local Regulation of Oil and Gas Operations in 2014. He also serves as the Chairman of Protect Colorado, and he is a member of the inaugural class of the Colorado Fellows Program. Holly holds a Bachelor of Science in Petroleum Engineering from Texas Tech University, and he is a graduate of the Harvard Business School Advanced Management Program.

Anadarko Petroleum Corp.'s mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare. As of year-end 2016, the company had 1.72 billion barrels-equivalent of proved reserves, making it one of the world's largest independent exploration and production companies. For more information about Anadarko and APC Flash Feed updates, please visit www.anadarko.com.

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Anadarko Contacts

MEDIA:
John Christiansen, john.christiansen@anadarko.com, 832.636.8736
Stephanie Moreland, stephanie.moreland@anadarko.com, 832.636.2912

INVESTORS:
Robin Fielder, robin.fielder@anadarko.com, 832.636.1462
Pete Zagrzecki, pete.zagrzecki@anadarko.com, 832.636.7727

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SOURCE Anadarko Petroleum Corp.