*/. HOUSTON, July 18, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, NASDAQ: APA) today announced the completion of asset sales in the midcontinent and provided supplemental information regarding certain second-quarter 2019 financial and operational results. To be honest, I was surprised by the company's announcement for a couple of reasons. "Going forward, Apache is focused on growing … Apache reportedly eyeing sale of Texas panhandle and western Oklahoma assets Report summary It has been reported by Reuters that Apache has engaged bankers to sell assets in the Texas panhandle and western Oklahoma and is looking to raise at least $2.5 billion from the sale. In 2015, Apache Corporation plans to cut its capex budget by ~15%. "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. Apache Corporation (NASDAQ: APA) is a $12 billion enterprise value independent oil & … originally appeared on Fool.com. 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.. Reuters said the … The article Is Selling These Assets a Good Move for Apache Corporation? Apache Corporation is a company engaged in hydrocarbon exploration. 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 TEXT-ALIGN: left; WIDTH: 100% "Apache has had a great run on the Gulf of Mexico Shelf over the last 30 years, and the Shelf region and staff have played a vital role in making Apache the company it is today. See "Risk Factors" in our 2012 Form 10-K filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business. font-family:"Arial"; */. Apache Agrees To Sell Western Canada Assets For US$374 Million, http://photos.prnewswire.com/prnh/20140116/DA47435LOGO. MW Petroleum Corporation (A) Background: In late 1990, the group of Amoco Corporation and Apache Corporation had begun talking regarding the possible acquisition of MW Petroleum from Amoco to Apache. Equity return is now at value -480.10, with -48.60 for asset returns. { a.prnews_a font-family:"Arial"; Apache Corporation APA also noted assets of $13.39 billion at the end of the last quarter. Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom, Australia and Argentina. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. p.prnews_p Apache Corporation will become a direct subsidiary of APA Corporation and will continue to hold existing assets in the U.S., subsidiaries in Egypt and the U.K., and its current economic interests in Altus Midstream Company (Nasdaq: ALTM) and Altus Midstream LP. /*-->
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