APA Corporation has entered into a definitive agreement to sell its non-core properties in the Permian Basin for $950 million to an undisclosed buyer, a move aimed at reducing the company’s debt load. The sale includes assets in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf, currently producing around 21,000 barrels […]
APA Corporation (NASDAQ: APA) and Callon Petroleum Company (NYSE: CPE) have announced a definitive agreement that marks a significant shift in the energy industry. In an all-stock transaction valued at approximately $4.5 billion, including Callon’s net debt, APA Corporation is set to acquire Callon Petroleum. This strategic move is expected to bring about a transformative […]
