Exhibit 99



Anadarko Restructures Berkley Acquisition
HOUSTON, April 19 /PRNewswire/ -- Anadarko Petroleum Corporation
(NYSE: APC - news) today announced that a Canadian subsidiary
sold $1.3 billion in 10- and 30-year notes as part of the
company's financial restructuring plan following the Berkley
Petroleum Corp. acquisition last month. In addition to the sale
of the notes, the restructuring plan includes an exchange of
securities and a $150 million reduction of debt.

The sale was made up of $400 million of 6.75% coupon 10-year
notes priced at 149 basis points over Treasuries to yield 6.775%,
and $900 million of 7.50% coupon 30-year notes priced at 169
basis points over Treasuries to yield 7.577%. The notes are
unconditionally guaranteed by Anadarko Petroleum Corporation.

This news release does not constitute an offer to sell or the
solicitation of an offer to buy securities. The offering is being
made only to qualified institutional buyers. The securities have
not been registered under U.S. or state securities laws and may
not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements.

Houston-based Anadarko Petroleum Corporation is the world's
largest independent E&P company, with proved reserves of more
than 2 billion barrels of oil equivalent. Domestically, it has
operations in Texas, Louisiana, the Mid-Continent and Rocky
Mountain regions, Alaska and the Gulf of Mexico. Anadarko is one
of the most active drillers in North America. Internationally
Anadarko is active in Canada, Algeria, Tunisia, West Africa,
Guatemala, Venezuela, Georgia and the North Atlantic.