Tag: Apache Corp
Canadian energy news brief: Apache sells out to Paramount, Nexen charged in 2015 pipeline spill
Energy news snapshots from across the country Paramount Resources has agreed to buy the Canadian assets of Apache Corp. and has announced the company will merge with Trilogy Energy. The new company will become a Montney, Duvernay and Deep Basin focused intermediate exploration and production company, generating operational synergies, optimize cost structures, offer financial flexibility and provide economies […]
Alpine hype: will Apache’s new Permian Basin discovery deliver? – Wood Mackenzie
Apache estimates of 2,000 to 3,000 net Permian Basin locations, a 20+ year drilling inventory assuming an average of 6 rigs per year The announcement of a major resource discovery by Apache Corp. has Permian Basin watchers atwitter, according to Wood Mackenzie. The new Alpine High play could boost the Permian Basin profile exponentially — if Apache’s estimates […]
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