New Army Secretary, Preston M. ‘Pete’ Geren, tied to big oil

Press Release:

HOUSTON–(BUSINESS WIRE)–Aug. 3, 2005–Anadarko Petroleum Corporation (NYSE:APC) announced today that Preston M. ‘Pete’ Geren resigned from Anadarko’s Board of Directors in order to accept an appointment as Acting Secretary of the U.S. Air Force. His resignation was effective July 28.

“Anadarko is very appreciative of the many years Pete has served as an active member of our Board,” said Anadarko President and CEO Jim Hackett. “As a businessman, lawyer and former member of Congress, Pete brought a unique perspective to his position which I believe served our Board and shareholders well. We are honored to have had the occasion to work with him, and we are grateful that he has accepted this tremendous opportunity to serve our country.”

In 1997, Pete Geren was appointed to the Board of Union Pacific Resources where he served until it was acquired by Anadarko in 2000, at which time he joined Anadarko’s Board.

Anadarko Petroleum Corporation’s mission is to deliver a competitive and sustainable rate of return to shareholders by developing, acquiring and exploring for oil and gas resources vital to the world’s health and welfare. As of year-end 2004, the company had 2.37 billion BOE of proved reserves, making it one of the world’s largest independent exploration and production companies. Anadarko’s operational focus extends from the deepwater Gulf of Mexico, up through Texas, Louisiana, the Mid-Continent, western U.S. and Canadian Rockies and onto the North Slope of Alaska. Anadarko also has significant production in Algeria, Venezuela and Qatar, and exploration or production positions in several other countries. For more information about how Anadarko is bringing excellence to the surface, please visit: www.anadarko.com.

CONTACT: Anadarko Petroleum Corporation, Houston
Media Contacts:
Teresa Wong, 832-636-1203
SOURCE: Anadarko Petroleum Corporation

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Andarko Petroleum and Cheney

Source: League of Conservation Voters. Edited version. For complete story go to
http://www.lcv.org/campaigns/2004-presidential/the-bush-record-on-florida-offshore-drilling.html

(1) In 2001 Vice President Cheney Met With Executives From Shell and Anadarko to Discuss Opening Area 181 To Drilling. On January 18, 2001 Vice President Cheney met with two top executives from Shell Oil Co. and Anadarko Petroleum Corp. They pressed the new administration to open a huge tract in the eastern Gulf of Mexico to oil and gas exploration. Even more troubling, the head of Shell Oil was a major donor to the Bush/Cheney campaign in 2000. WashingtonPost, 2/27/02
2) The Bush/Cheney Campaign Is The Largest Recipient Of Campaign Contributions From Oil And Gas Industry in Both 2000 and 2004. From 2000-2004 the Bush/Cheney campaign received $3,964,596 in campaign contributions from the oil and gas industry. [Center for Responsive Politics, Campaign Finance Data, 2000-2004]
(3) The Administration Has Strong Connections With Anadarko and Shell Oil. Vice President Cheney’s former company Halliburton had done business with Anadarko Petroleum since 1959, while Cheney’s wife, Lynn, had been a director and significant stockholder of an energy company that had merged with Anadarko. Washington Post, 2/27/02
4) Lynn Cheney Received Hundreds Of Thousands After Anadarko And Union Pacific Merged. As the director of Union Pacific, when it merged with Anadarko Petroleum, Lynne Cheney received Anadarko stock worth $250,000 to $500,000, which she sold before her husband took office. Washington Post, 2/27/02 (empahsis added)