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Apache Corp to Shed Oil & Gas Assets

Posted by November 20, 2014

Apache Corp said it would sell oil and gas assets in southern Louisiana and the Anadarko Basin, spanning western Oklahoma and the Texas panhandle, for about $1.4 billion in two separate deals.

The company also said it expected oil and natural gas liquids production in North America to rise 12-16 percent in 2015, after adjusting for asset sales.

 

Reporting by Swetha Gopinath

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