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Anadarko Has Approached Apache About Takeover Offer

2015-11-11 03:09:06| Oil & Gas - Topix.net

Contractors work in the control room at an Anadarko Petroleum Corp. oil rig site in Fort Lupton, Colorado on Aug. 12, 2014. Anadarko Petroleum Corp. approached Apache Corp. about a combination that would be the largest for an independent U.S. oil and gas producer this year, according to people familiar with the matter.

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Apache Said to Get Takeover Approach for $18 Billion Company

2015-11-09 06:22:12| Oil & Gas - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Apache Corp., the oil and natural gas company worth more than $18 billion, has received an unsolicited takeover approach, according to people familiar with the matter.

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Apache wraps up $US6b exit from Australia with fertiliser unit sale

2015-10-30 02:08:19| Oil & Gas - Topix.net

US oil and gas player Apache Corporation has wrapped up its $US6 billion exit from Australia with the $US391 million sale of its stake in a fertiliser plant in Western Australia's Pilbara region to its joint venture partner, Norway's Yara International. The sale of Apache's 49 per cent interest in Yara Pilbara Holdings was the third deal involved with the US company's withdrawal from Australia following the $US3.75 billion sale of LNG interests to Woodside Petroleum and the $US1.9 billion sale of gas assets to Brookfield Asset Management and Macquarie Capital.

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Why Apache Can Deliver Upside

2015-09-19 01:17:13| Oil & Gas - Topix.net

APA has been able to improve its revenue and earnings performance on a sequential basis despite plunging oil prices, highlighting its resilience and the success of its cost reduction moves. APA has already reduced its drilling and completion costs by 15% this year, but the company anticipates further reductions of 25% by the year-end.

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It's Time To Buy Apache Whether You Like It Or Not

2015-09-13 20:39:17| Oil & Gas - Topix.net

Sorry to say it, but over the last year Apache's shareholders have been crushed. Caught in the midst of an even greater drawdown than the financial crisis, shareholders are doubtless crying "uncle".

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