Apache Completes Strategic Exit from Canada
HOUSTON, Aug. 16, 2017 (GLOBE NEWSWIRE) — Apache Corporation (NYSE:APA) (Nasdaq:APA) today announced it has completed the previously disclosed sale of its Apache Canada Ltd. subsidiary to Paramount Resources Ltd. (TSX:POU), which consists of properties located principally in the provinces of Alberta and British Columbia. Apache also completed the previously disclosed sale of its Provost assets in Alberta to an undisclosed privately owned company. Together, with the June 30 sale of its assets at Midale and House Mountain, these transactions constitute a full country exit for the company from Canada.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google’s Play store.
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