News: Apache Corp (APA.N)

APA.N on New York Stock Exchange

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1 Aug 2013
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Thu, Aug 1 2013

Apache profit matches Street as shale production jumps

- Apache Corp , an oil and natural gas exploration and production company, reported a higher quarterly profit on Thursday that matched Wall Street's expectations, helped by a surge in shale operations.

UPDATE 2-Apache profit matches Street as shale production jumps

By Ernest Scheyder Aug 1 - Apache Corp, an oil and natural gas exploration and production company, reported a higher quarterly profit on Thursday that matched Wall Street's expectations, helped by a surge in shale operations. The company, which sold off its Gulf of Mexico shelf assets last month, has been focusing more on onshore production and said its North American onshore liquids production rose 42 percent to 175,000 barrels per day in the quarter. "We expect Apache to

Apache profit nearly triples

Aug 1 - Apache Corp, the oil and natural gas exploration and production company, said on Thursday its quarterly profit nearly tripled, helping mostly by North American shale operations.

Deals of the day -- mergers and acquisitions

July 19 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

BP veteran Browne builds US Gulf oil acreage

LONDON, July 19 - Former BP chief executive John Browne is to preside over the biggest set of oil and gas assets in the shallower, mature section of the Gulf of Mexico after buying them from U.S.-based Apache Corp.

Apache selling some U.S. Gulf holdings for $3.75 billion

- Apache Corp said on Thursday it will sell its Gulf of Mexico shelf assets for $3.75 billion to Fieldwood Energy LLC in a deal that will allow the U.S. oil and gas company to focus on growth from its U.S. onshore assets.

UPDATE 2-Apache to sell shallow U.S. Gulf holdings for $3.75 bln

July 18 - Apache Corp said on Thursday it had agreed to sell its Gulf of Mexico shelf assets for $3.75 billion to private equity firm Riverstone Holdings LLC as the oil and gas company focuses on growth from its U.S. onshore assets.

Apache selling U.S. Gulf holdings for $3.75 billion

NEW YORK, July 18 - Apache Corp said on Thursday it will sell its Gulf of Mexico shelf assets for $3.75 billion to Fieldwood Energy LLC.

Exclusive: Apache explores Gulf of Mexico shelf stake sale - sources

NEW YORK - Apache Corp is exploring a sale of a stake in its shallow water Gulf of Mexico assets, attracting private equity interest as it looks to reach a $4 billion asset sale target, several people familiar with the matter said.

EXCLUSIVE-Apache explores Gulf of Mexico shelf stake sale-sources

NEW YORK, May 28 - Apache Corp is exploring a sale of a stake in its shallow water Gulf of Mexico assets, attracting private equity interest as it looks to reach a $4 billion asset sale target, several people familiar with the matter said.

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