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Apache to sell western Canada assets for $374 million

U.S. oil and gas producer Apache Corp (APA.N) said it would sell assets in western Alberta and British Columbia, Canada, for $374 million.

Apache is selling primarily dry gas-producing wells located over 622,600 gross acres, it said in a statement on Monday.

The company, which did not name the buyer, said the deal was expected to close on or about April 30.

[Source: Reuters, 31Mar14]

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small logoThis document has been published on 07Apr14 by the Equipo Nizkor and Derechos Human Rights. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.