- Apache (APA +1.7%) says it expects to start production at a new oil field offshore northwest Australia by the end of Q2.
- APA has leased FPSO unit Armada Claire from Bumi Armada to produce light sweet crude from the Balnaves field.
- Balnaves has a five-year field life, with production expected to peak at 30K bbl/day; APA operates the project with a 65% stake.
From other sites
at MarketRealist.com (Mar 20, 2015)
at Nasdaq.com (Feb 23, 2015)
at MarketWatch.com (Jan 20, 2015)
at Nasdaq.com (Jan 16, 2015)
at MarketWatch.com (Jan 15, 2015)
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