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Stock Market & Financial Investment News

News Breaks
March 19, 2013
16:08 EDTEXXI, APAEnergy XXI announces JV with Apache
The company has entered into an agreement with Apache Corp. (APA) to explore for oil and gas pay sands associated with salt dome structures on the central Gulf of Mexico shelf. The area of mutual interest includes several salt domes within a 135 block area. In addition, Energy XXI has acquired a 25% working interest in 21 non-producing primary-term leases with Apache. A new wide azimuth seismic program is underway to define the potential of the AMI, covering approximately 633,000 acres. "This joint venture exemplifies our interest in exploring salt structures where new seismic data, remapping and remodeling could uncover significant hidden hydrocarbons," Energy XXI Chairman and CEO John Schiller said. "Our Pendragon exploration well, being drilled in the Vermilion area, is a similar analog. We are very excited about the potential of this new joint venture with Apache, a world-class operator with extensive expertise in the Gulf of Mexico."
News For EXXI;APA From The Last 14 Days
Check below for free stories on EXXI;APA the last two weeks.
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September 16, 2014
13:59 EDTAPAApache looking to raise up to $840M for Alberta assets, The Globe and Mail says
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09:59 EDTEXXIOn The Fly: Analyst Downgrade Summary
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09:20 EDTEXXIEnergy XXI downgraded to Equalweight from Overweight at Capital One
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September 11, 2014
09:42 EDTEXXIEnergy XXI reiterated as a Strong Buy at Raymond James
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September 10, 2014
18:33 EDTEXXIOn The Fly: After Hours Movers
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16:06 EDTEXXIDeal.com says Energy XXI hires adviser for GOM sale, Bloomberg reports
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09:06 EDTAPAEgypt signs two oil exploration deals with Apache, Reuters reports
Egypt's state news agency MENA reported that the country signed two oil exploration deals worth at least $44M with Apache, reported Reuters. Reference Link
September 3, 2014
08:55 EDTAPAApache may put LNG project stakes in spin-out, Reuters reports
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September 2, 2014
09:34 EDTEXXIEnergy XXI downgraded to Hold from Buy at MLV & Co.
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