(APA Corp., 28.Nov.2022) — APA Corporation (Nasdaq: APA) provided an update on exploration activities in Block 58 offshore Suriname.
Drilling operations have concluded at the Awari exploration prospect in the previously untested northwest portion of Block 58. The well was deemed noncommercial.
APA holds 50% working interest, while TotalEnergies is the operator on the block with a 50% working interest.
Next Well
At the Sapakara South-2 (SPS-2) appraisal well, the joint venture will commence flow-test operations following drilling to the targeted Maastrichtian-Campanian formation. Results are expected to be available next month.
SPS-2 is located approximately 4.6 kilometers south of Sapakara South-1.
____________________
