Latest Apache Corporation Stories

HOUSTON, Jan. 24, 2013 /PRNewswire/ -- Reflecting its expanding worldwide operations, Apache Corporation (NYSE, Nasdaq: APA) has promoted executives to lead new growth initiatives. Since 2010, Apache has completed more than $16 billion in acquisitions across its global portfolio. In addition, Chevron recently joined the Kitimat LNG project - a move that is expected to help Apache monetize two of the largest natural gas resources in North America - Horn River and Liard in British...

LAFAYETTE, La., Jan. 2, 2013 /PRNewswire/ -- Green Field Energy Services (GFES), in conjunction with Apache Corporation, performed the first-ever operation of a Frac Pump utilizing field gas as its sole fuel source. The GFES Turbine Frac Pump was rigged up to a production well in the Granite Wash Field located in the Texas Panhandle and powered 100% by natural gas produced in the field. Typical North American fracturing rates and pressures were achieved in a simulated frac job,...

Proposed two-train project ideally located to meet rapidly growing Asia-Pacific demand SAN RAMON, CA, Dec. 24, 2012 /CNW/ - Chevron Corporation (NYSE: CVX) today announced that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), and a 50 percent interest in approximately 644,000 acres of petroleum and natural gas rights in the Horn...

HOUSTON, Dec. 24, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that its subsidiary Apache Canada Ltd. has signed a broad agreement with Chevron Canada Limited to build and operate the Kitimat LNG project and develop world-class shale gas resources at the Liard and Horn River basins in British Columbia, Canada. (Photo: http://photos.prnewswire.com/prnh/20121224/DA34274) Chevron Canada, a subsidiary of Chevron Corp (NYSE: CVX), and Apache Canada each...

DENVER, Dec. 14, 2012 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced that Floyd R. Price joined its Board of Directors. Mr. Price will stand for election by stockholders at Cimarex's annual meeting held in 2014. Mr. Price retired from Apache Corporation in October 2009 after 18 years of service, where he most recently served as Executive Vice President and Exploration Officer. Other positions he held at Apache include President of Apache Canada, Ltd. and President of...

HOUSTON, Nov. 28, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) said today that it has priced $2 billion in aggregate principal amount of notes in a public offering comprising $1.2 billion principal amount of 2.625% notes due in 2023 and $800 million principal amount of 4.25% notes due in 2044. Apache intends to use the net proceeds from the offering to repay outstanding commercial paper borrowings and for general corporate purposes. Net proceeds to Apache, after...

HOUSTON and CORPUS CHRISTI, Texas, Nov. 27, 2012 /PRNewswire/ -- Stripes LLC, a subsidiary of Susser Holdings Corporation (Nasdaq: SUSS) announced today that it is partnering with Apache Corporation (NYSE, Nasdaq: APA) to add natural gas fueling dispensers at selected Stripes® convenience store locations. Initially, compressed natural gas (CNG) fueling capability will be available at two Stripes locations in the Midland, Texas area. Steve DeSutter, Stripes President and CEO -...

HOUSTON, Nov. 20, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced promising drilling results in the Dunvegan oil reservoir in the Kaybob development area in Alberta, Canada. Kaybob is a prolific area located 310 miles (500 km) northwest of Calgary that contains 16 known productive horizons; the Dunvegan play is one of the primary targets. The most recent of four Kaybob Dunvegan development wells - the 1-35 - tested at a rate of 300 barrels of oil per...

HOUSTON, Nov. 19, 2012 /PRNewswire/ -- The Board of Directors of Apache Corporation (NYSE, Nasdaq: APA) has declared regular cash dividends on the company's common shares and 6% Mandatory Convertible Preferred Stock, Series D. The dividend on common shares is payable on Feb. 22, 2013, to stockholders of record on Jan. 22, 2013, at the rate of 17 cents per share. The dividend on the Series D preferred stock is payable Feb. 1, 2013, to holders of record on Jan. 15, 2013, at the rate...

Company achieves 62% increase in production revenue New infrastructure build on track plus four new wells drilled with excellent results. VANCOUVER, Nov. 15, 2012 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), today announced its financial results for the quarter ended September 2012. Q2-2013 and Recent Operating Highlights -- Production revenue increased 62% to $21.44 million for the six months ended September 30, 2012, compared to...