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Woodside Petroleum closes $US2.8bn purchase of Apache Australia assets

2015-04-02 12:52:06| Oil & Gas - Topix.net

Woodside Petroleum has completed the $US2.817 billion acquisition of LNG and oil assets owned by Apache Corporation in Australia, with a second, $US854 million transaction involving the Canadian interests expected to close next week. The $US3.67 billion deal was announced by the two companies in December, involving a total purchase price of $US2.75 billion, plus extra amounts to reimburse the US company for investment made since the effective date of July 1 last year.

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