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BRIEF-Apache CEO says company is cutting rigs and capital in Anadarko basin
July 31, 2014 / 7:00 PM / 3 years ago

BRIEF-Apache CEO says company is cutting rigs and capital in Anadarko basin

HOUSTON, July 31 (Reuters) - Apache Corp : * CEO says company is cutting rigs and capital in Anadarko basin * Now holds 200,000 acres in the Eagle Ford, recently added acreage -CEO * Says expects to boost drilling activity in duvernay shale in Canada-CEO * Sees global oil and gas output flat to 1 percent higher in Q3 on a sequential

basis due to maintenance * CEO says contemplating spinning out or setting up a separate company with its

international operations * CEO says company’s exit from kitimat lng should not affect the valuation of

the project

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