New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:42 EDTAPAApache updates Q4 operations activity and weather impact
Apache reported that downtime caused by severe winter storms and outages at third-party owned infrastructure adversely affected the company's oil and gas Q4 production from its Permian Basin and Central Region operations. Q4 volumes will also reflect recent divestitures by Apache. A production increase of approximately 1,000 boepd or more is expected for the Permian in Q4 compared with Q3, when the region averaged 131,700 boepd. The combination of unusually severe weather, pipeline outages and reduced drilling in the Central Region resulted in a slight decrease in production for Q4 vs. Q3, when the region averaged 94,800 boepd. Apache anticipates asset sale volumes will reflect an approximate 134K boepd reduction in total production volumes from Q3 when adjusting for amounts attributable to the sale of a one-third, non-controlling partnership interest in Apache's Egypt oil and gas operations. The Canadian properties that were sold averaged approximately 18K boepd in Q3.
News For APA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 16, 2014
07:23 EDTAPAHart Energy to hold a conference
Subscribe for More Information
October 14, 2014
16:39 EDTAPAApache CEO says continuing to evaluate options for international assets
"As we have previously outlined, Apache is transforming into a leading North America-focused exploration and production company with an extensive resource base, strong production growth and a commitment to maximizing rate of return," CEO Steven Farris said. "We are continuing to evaluate options for our international assets and LNG projects, including the potential separation of these assets through strategic transactions or the capital markets."
16:37 EDTAPAApache announces resignation of CFO Alfonso Leon, appoints interim CFO
Apache announced that Alfonso Leon, executive vice president and CFO, has resigned to pursue other opportunities. Leon's departure is not related to any issues regarding financial disclosures, accounting or legal matters. Executive Vice President P. Anthony Lannie will serve as interim CFO as the company conducts a search for a new CFO. Prior to joining Apache as general counsel in 2003, Lannie served as president of Kinder Morgan Power Company and president of Coral Energy Canada, a subsidiary of Shell Oil Company.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use