Apache Agrees To Sell Western Canada Assets For US$374 Million, http://photos.prnewswire.com/prnh/20140116/DA47435LOGO. { font-family:"Arial"; It also announced the sale of its oil and gas assets in Louisiana and the Anadarko Basin. Investors should also keep an eye on sector updates as APA has historically followed its peers on positive news. In 2020, Apache admitted its once highly touted 'Alpine High' discovery was determined to be a bust after the company spent $3 Billion "This transaction is part of Apache's portfolio rebalancing, which was undertaken last year to enable Apache to focus on growing liquids production from a deep inventory of crude oil- and liquids-rich opportunities in North America," said G. Steven Farris, Apache's chairman, chief executive officer and president. HOUSTON, March 31, 2014 /PRNewswire/ -- Apache Corporation (NYSE,Nasdaq: APA) and its subsidiaries today announced an agreement to sell producing oil and gas assets in … Apache to sell gas-rich Canadian assets Apache said on Monday it will sell 328,400 net acres of mostly dry-gas producing properties located in the Ojay, … Apache to sell Gulf of Mexico interests and assets On May 8, Apache announced that it will sell its nonoperated interests in the Lucius and Heidelberg development projects, two … The company desperately needs production growth because most of its major operations have been seeing fairly consistent declines. According to Apache, the transaction is expected to close mid-year 2015 and is subject to necessary government […] [CDATA[/* >*/ MW Petroleum. color:black; SEMS focuses on operating procedures, hazard analysis, mechanical integrity and training for all assets and personnel operating in the Gulf of Mexico. Equity return is now at value -480.10, with -48.60 for asset returns. Red Wolf Natural Resources, LLC (“Red Wolf”), a newly formed oil and gas exploration and production company, today announced it has acquired approximately 56,000 net acres and associated production in Oklahoma’s SCOOP, STACK and Merge plays as well as the broader Anadarko Basin. Apache Corporation (NYSE: APA) put Texas and Oklahoma oil and gas properties on the market in a move that could raise more than $2.5 billion, according to report Tuesday. TEXT-ALIGN: left; WIDTH: 100% Apache will retain 50 percent of its ownership interest in all exploration blocks and in horizons All rights reserved. required by law. } li.prnews_li The focus for Apache was to sell its assets and pay down debt. Apache Corp. annual balance sheet by MarketWatch. The American oil giant Apache Corporation is believed to be eyeing an exit from the North Sea.The business is exploring a sale of its British assets to … It is organized in Delaware and headquartered in Houston. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com. A sale of corporation can take many forms, including asset sales and stock sales. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development, or otherwise, except as may be } HOUSTON, July 18, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for cash proceeds of $3.75 billion. This material may not be published, broadcast, rewritten, or redistributed. /*--> * / -- > ! 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