(APA Corporation, 1.Nov.2023) — Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the launch of the Apache Tree Grant Programme in Scotland for the 2023-2024 planting season. Initially launched in the United States, the Apache Tree Grant Programme is an award-winning initiative focused on large-scale conservation, protection […]
Tag: Apache Corporation
Apache And APA Finalize New Holding Structure
(Apache, 1.Mar.2021) — Apache Corporation and APA Corporation announced completion of the previously announced holding company structure, making APA the parent holding company of Apache. APA replaces Apache as the public company trading on the Nasdaq stock market under the ticker symbol “APA.” Each share of Apache common stock outstanding […]
Keskesi East-1 Finds Oil In Block 58 Offshore Suriname
(Apache, 14.Jan.2021) — Apache Corporation and Total S.A. today announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. Keskesi East-1 encountered targets in the upper Cretaceous-aged Campanian and Santonian intervals. The shallower Campanian interval contains 58m (190ft) of net oil, volatile oil and condensate […]
Apache Creates Holding Company Structure
(Apache, 4.Jan.2021) — Apache Corporation announced that its Board of Directors authorized the company to create a holding company structure. Upon its formation, APA Corporation, the new holding company, will replace Apache Corporation as the public company trading on the Nasdaq stock exchange. Existing shares of Apache will be automatically […]
Apache’s CEO Highlights Suriname On 3Q:20 Call
(Seeking Alpha, 5.Nov.2020) — Apache Corporation CEO John Christmann led the company’s third quarter of 2020 conference call to discuss results with analysts. What follows is the complete transcript of the call. Company Participants Gary Clark – Vice President of Investor Relations John Christmann – Chief Executive Officer & President […]
Apache Releases Sustainability Report
(Energy Analytics Institute, 5.Nov.2020) — Apache Corporation released its 2020 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. The report, released on 30 September 2020, is available at www.apachecorp.com/Sustainability. __________ By Jared Yamin. © Energy Analytics Institute (EAI). All […]
Apache Reveals 3Q:20 Supplemental Information
(Apache, 14.Oct.2020) — Apache Corporation provided supplemental information regarding certain third-quarter 2020 financial and operational results. Supplemental quarterly information To further assist analysts with their third-quarter earnings models, the company is providing the following estimates: Estimated Average Realized Prices – 3Q20 Oil (bbl) NGL (bbl) Natural Gas (Mcf) […]
Apache Finds Oil Offshore Suriname At Kwaskwasi-1
(Apache, 29.Jul.2020) — Apache Corporation and Total S.A. announced a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest. Kwaskwasi-1 was […]
Suriname Awaits Drilling Of Third Apache Well Offshore
(Energy Analytics Institute, 4.Jul.2020) — Suriname, the small Dutch-speaking South America country looking to emulate the success of its immediate neighbor to the north, Guyana, is awaiting drilling results of a third well to be drilled offshore by US-based Apache Corporation and Paris-based Total. The companies have already drilled two […]
Fitch Downgrades Suriname’s IDR To ‘C’
(Fitch Ratings, 2.Jul.2020) — Fitch Ratings has downgraded Suriname’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘C’ from ‘CCC’. KEY RATING DRIVERS The downgrade of Suriname’s Long-Term Foreign Currency IDR to ‘C’ reflects Fitch’s view that the Government of Suriname has begun a distressed debt exchange (DDE) in relation […]
Apache Reports Significant Oil Find Offshore Suriname
(Apache, 2.Apr.2020) — Apache Corporation announced a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest. Sapakara West-1 was drilled […]
Apache Targets 3rd Play At Suriname Well
(Apache, 2.Dec.2019) — Apache Corporation updated the status of its first exploratory well in Block 58 offshore Suriname. Drilling operations on the Maka Central – 1 well commenced in late September with an expected drill time of 30 to 60 days. Upon reaching a depth of approximately 6,200 meters, the […]
Apache To Explore Offshore Cuba
(Dominican Today, 27.Nov.2019) — The Ministry of Energy and Mines (MEM) awarded Apache Dominican Republic Corporation, a subsidiary of the US Apache Corporation, an offshore block in the San Pedro de MacorĂs basin for exploration and exploitation of oil and gas. The award was delivered at the country’s first auction […]