- Associated Press - Thursday, March 10, 2016

DENVER (AP) - Anadarko Petroleum says it will cut its nationwide workforce by 17 percent, but it’s not yet clear how that will affect Colorado, where the company has about 1,500 employees.

The Denver Post reports (https://tinyurl.com/jyu7gx4) Anadarko announced the cuts Thursday.

Company spokeswoman Robin Olsen says company will still have a “substantial” presence in the Denver-Julesberg Basin, an oil and gas field in northeastern Colorado. She says the field remains one of the company’s top two assets in the continental United States.

Encana Oil & Gas, which has about 1,000 workers in Colorado, previously announced a 20 percent workforce reduction nationwide.

Encana spokesman Doug Hock says the impact on Colorado should become clear by the end of next week.

The cuts come among low oil prices worldwide.


Information from: The Denver Post, https://www.denverpost.com

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