The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.
Weekly Digest
New new contracts, summarized for you
Straight to Inbox
No login, no app to check — it comes to you
Contract Trends
See who's moving and how much in your market
No credit card required Weekly contract digest
APA Corporation Announces $950 Million Asset Sale Agreement
Sep 10, 2024•almost 2 years ago
Contract Type
agreement
HoustonEnergyOil And Gas
Description
APA Corporation has entered into an agreement to sell non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million. The sold properties are located in Texas and New Mexico and represent an estimated net production of 21,000 barrels of oil equivalent per day. The proceeds from this sale will be primarily used to reduce debt.
Company Information
Company
APA Corporation
Location
Houston, Texas, United States
About
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt, and the United Kingdom and that explore for oil and natural gas offshore Suriname.
HoustonEnergyOil And Gas