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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
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October 22, 2014
12:19 EDTEXXIOptions with decreasing implied volatility
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October 20, 2014
14:47 EDTEXXIEnergy XXI price target lowered to $13 from $26 at Raymond James
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07:03 EDTEXXIEnergy XXI CFO West Griffin steps down, Bruce Busmire to succeed
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October 16, 2014
07:23 EDTAPA, EXXIHart Energy to hold a conference
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October 15, 2014
11:46 EDTEXXIOptions with increasing implied volatility
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10:02 EDTEXXIOn The Fly: Analyst Upgrade Summary
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07:25 EDTEXXICanaccord to hold a conference
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07:18 EDTEXXIEnergy XXI upgraded to Buy from Neutral at Global Hunter
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05:49 EDTEXXIStocks with implied volatility movement; EXXI AFSI
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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.
11:28 EDTEXXIOptions with increasing implied volatility
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October 13, 2014
12:33 EDTEXXIOptions with increasing implied volatility
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