Seeking Alpha

Apache to sell western Canada assets for $374M

  • Apache (APA +0.9%) agrees to sell some primarily dry gas-producing assets in Alberta and British Columbia to an unnamed customer for $374M.
  • The move is part of APA's ongoing portfolio rebalancing, which began last year in a bid to focus more on growing crude oil and liquids production.
From other sites
Comments (1)
  • Hendershott
    , contributor
    Comments (1619) | Send Message
     
    Apache has also put it's share of the Kitmat LNG export project up for sale. Apparently they want out of BC LNG.
    31 Mar 2014, 06:10 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs