Apache taking BP's Gulf Shelf assets for 1.3B

摘要

Apache Corp.,Houston,(NYSE,Nasdaq: APA) plans to acquire BP's (NYSE: BP) remaining producing properties on the Outer Continental Shelf of the Gulf of Mexico for US1.3 billion in cash. Apache plans to finance the transaction by issuing commercial paper.It will acquire 18 producing fields,11 operational,covering 92 blocks with estimated proved reserves of 27 million bbl.of liquids and 185 billion cu.ft.of gas.