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Last updated on April 17, 2014 at 9:20 EDT

Latest Apache Stories

2013-09-23 08:23:30

HOUSTON, Sept. 23, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today several changes to its executive organization, effective Jan. 1, 2014. "Apache is undergoing a transformation that will position the company for many years of predictable and profitable growth," said G. Steven Farris, chairman and chief executive officer. "Between 2010 and 2012, we took advantage of our balance sheet strength to expand the opportunity base in our North American regions, and Apache...

2013-09-17 16:21:29

HOUSTON, Sept. 17, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell certain oil and gas producing properties in Canada in two separate transactions with a combined value of US$112 million (CAN$117 million). Apache has agreed to sell its Hatton, St. Lina, Marten Hills, Snipe Lake, Valhalla, and a portion of its Hawkeye producing properties. These are primarily dry gas developments located in Saskatchewan and Alberta and comprise...

2013-09-17 08:23:57

Foundation contributes total of 340,000 trees to 56 organizations in 2013 HOUSTON, Sept. 17, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today it has donated 150,000 trees to Black Bear Conservation Coalition (BBCC) to help restore the habitat for endangered black bears in Louisiana. The 2013 grant pushes total contributions to more than 1 million trees awarded to the organization. The BBCC is just one of many organizations to receive tree grants from...

2013-09-12 12:21:19

ORLANDO, Fla., Sept. 12, 2013 /PRNewswire/ -- The LONGBOW Limited Liability Company, a joint venture of Lockheed Martin [NYSE: LMT] and Northrop Grumman [NYSE: NOC], received a $51 million foreign military sales contract to provide the Republic of Korea with LONGBOW Fire Control Radars (FCRs) for the AH-64E Apache attack helicopter. The contract includes six LONGBOW FCR systems, spares and in-country support. Production is scheduled through 2016, with assembly of the LONGBOW FCR...

2013-08-28 08:20:32

STT moves ahead as communication link for U.S. Army CARLSBAD, Calif., Aug. 28, 2013 /PRNewswire/ --The U.S. Army is adding its AH-64E Apache helicopter fleet to the Link 16 network. Following successful flight tests, the Army has decided to pursue a sole source solicitation of ViaSat Inc. (Nasdaq: VSAT) for the Small Tactical Terminal (STT) KOR-24A to satisfy its requirement for an Airborne and Maritime/Fixed Station (AMF) Small Airborne Link 16 Terminal (SALT). (Logo:...

2013-08-15 08:24:43

HOUSTON, Aug. 15, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell oil and gas producing properties in the Nevis, North Grant Lands and South Grant Lands areas of western Alberta, Canada, to Ember Resources Inc., a private Canadian company, for US$214 million (CAN$220 million). "Going forward, Apache is focused on growing our liquids production from a deep inventory of crude oil- and liquids-rich opportunities that generate attractive...

2013-08-12 12:21:15

ORLANDO, Fla., Aug. 12, 2013 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) received a $223 million contract to provide the Republic of Korea with Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) systems for the nation's AH-64E Apache helicopter. South Korea is the 12(th) international customer to purchase the M-TADS/PNVS-equipped Apache attack helicopter. The contract includes 36 M-TADS/PNVS systems and spares, with production through 2018....

2013-08-08 12:21:32

ORLANDO, Fla., Aug. 8, 2013 /PRNewswire/ -- Lockheed Martin [NYSE:LMT] and the U.S. Army celebrated one million flight hours for the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) during ceremonies held today at Lockheed Martin's Orlando, Fla., facility. Fielded in 2005, M-TADS/PNVS is known as the eyes of the Apache attack helicopter. It provides Apache pilots with long-range, precision engagement and pilotage capabilities for mission...

2013-08-01 08:24:04

HOUSTON, Aug. 1, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) said today that the third well in the Bacchus Field in the United Kingdom sector of the North Sea has pushed field production past 17,600 barrels of oil per day. Apache has a 50 percent interest in the field. The Bacchus B-1 development well, which commenced production in July, currently is producing 9,400 barrels of oil per day. Apache logged 2,057 feet net oil pay along a horizontal completion segment in...

2013-07-18 16:22:58

Company rebalances portfolio toward more predictable growth HOUSTON, July 18, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for cash proceeds of $3.75 billion. In addition, Fieldwood will assume all asset retirement obligations for these properties, which, as of June 30, 2013, Apache estimated at a...