Apache (APA +0.7%) says it will plug the Mbawa-1 Kenyan exploration well after failing to find...

|About: Apache Corporation (APA)|By:, SA News Editor

Apache (APA +0.7%) says it will plug the Mbawa-1 Kenyan exploration well after failing to find commercial quantities of crude or natural gas. Tullow Oil, an APA partner, said yesterday it had found Kenya’s first offshore gas; today, it says the well has been deepened and a secondary target didn’t contain hydrocarbons.