Latest Apache Corporation Stories
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...
AUSTIN, Texas, Nov. 14, 2012 /PRNewswire/ -- Victory Energy Corporation (OTCQB: VYEY) announced today that financial and operational results for the third quarter of 2012 have been filed with the Securities and Exchange Commission (SEC). A more detailed Form 10-Q is available on the company web site. Kenny Hill, Victory Energy's CEO, stated, "The Company entered 2012 with a 94% gas-weighted, proved and developed (PDP) reserves of 121,080 barrels of oil equivalent (BOE). Our...
HOUSTON, Nov. 1, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) said today that it has been awarded petroleum exploration acreage that will provide opportunities to find new resources near its core operations in the United Kingdom sector of the North Sea as well as a new entry in the Equatorial Margin play fairway offshore of the Republic of Suriname. "Adding acreage to bolster Apache's drilling inventory in the North Sea and securing a high-potential exploration...
HOUSTON, Nov. 1, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) said today that higher rig counts and new infrastructure contributed to record production from Permian and Anadarko Basin operations. For the three-month period ending Sept. 30, 2012, Apache reported production of 771,000 barrels of oil equivalent per day, up approximately 18,300 boepd, or 2.4 percent, from the same period in the prior year. Deferred production impacted third-quarter 2012 volumes by an...
HOUSTON, Oct. 29, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA), will release its third-quarter 2012 results at 7 a.m. Central time on Thursday, Nov. 1, followed by a conference call to discuss its results at 1 p.m. Central time. The third-quarter results conference call will be webcast from Apache's website, www.apachecorp.com. The webcast replay will be archived on Apache's website. A replay of the conference call will be available for seven days following the...
HOUSTON, Oct. 3, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) reported that its Gulf of Mexico production facilities are back online following suspended operations due to Hurricane Isaac. Also, production from North Sea assets has recovered following maintenance activities completed during the third quarter. As the company enters its fourth quarter reporting period, worldwide production is at an all-time high of approximately 800,000 barrels of oil equivalent per day...
HOUSTON, Sept. 28, 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 Nov. 21, 2012, to stockholders of record on Oct. 22, 2012, at the rate of 17 cents per share. The company also announced the regular cash dividend on the 6% Mandatory Convertible Preferred Stock, Series D. The...
HOUSTON, Sept. 5, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today that it continues to add new life into UK's North Sea, as the Beryl Bravo B73y development well tests at 8,161 barrels of oil per day (bo/d) and 5.9 million cubic feet of gas per day (MMcf/d). Apache also reached a major milestone toward the installation of a satellite production platform that will help extend the life of the Forties Field by nearly two decades. The B73y well tested a...
HOUSTON, Sept. 4, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) surpassed the 3 million mark with its popular tree giveaway program, announcing Tuesday it awarded nearly 500,000 more trees to communities in 2012. Since donating its first seedling in 2005, Apache has awarded 3.2 million trees to nonprofit organizations in 16 states through grants from its philanthropic affiliate in an effort to enrich the communities where the company operates. That first year, the...
HOUSTON, Sept. 4, 2012 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) announced today that it has closed the previously announced sale of certain oil and natural gas properties in the Permian Basin to Sheridan Holding Company II, LLC, a privately held Houston based oil and gas company. Proceeds from the transaction were approximately $309 million and included adjustments from the effective date of April 1, 2012. Noble Energy is a leading independent energy company engaged in...
