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Stock Market & Financial Investment News

News Breaks
March 19, 2013
16:08 EDTAPA, EXXIEnergy 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
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February 27, 2015
09:53 EDTAPAApache calls active on renewed takeover chatter
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09:43 EDTAPARumor: Apache moves up on renewed takeover chatter
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February 19, 2015
07:31 EDTEXXIEnerCom to hold a conference
The Oil & Services Conference (TOSC) 2015 is being held in San Francisco on February 18-19 with webcasted company presentations to begin on February 19 at 11 am; not all company presentations may be webcasted. Webcast Link
February 18, 2015
09:37 EDTAPAOption volume leaders on open
Option volume leaders: AAPL TSLA TWTR CELG APO NFLX AXP APA LNKD C GILD according to Track Data.

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