On June 1, Apache agreed to sell light oil assets in Western Canada to Calgary, Alberta-based Cardinal Energy Ltd.for C0 million (US4.5 million) in cash, an Apache spokesperson confirmed to Hart Energy.The deal comprises Apache’s House Mountain assets in Alberta and the company’s stake in the Weyburn/Midale area of southeast Saskatchewan and includes 5,000 barrels of oil equivalent per day of light oil production.“The sale of these assets is in line with Apache’s efforts to further streamline its portfolio and focus on our high-growth areas of opportunity, particularly in the Permian Basin,” the Apache spokesperson said.For 2017, Apache expects to exceed anticipated operating cash flow after capex shot up 64% from last year to .1 billion.Nearly two-thirds, or roughly billion, of the capex will be directed to the Permian Basin. (NYSE: APC) agreed to sell its 155,000-net-acre Eagle Ford position for about .3 billion. (w47.narod.ru/his/gran.html) " " - (people.karelia.info/biz.fcgi?
Petrological and microstructural features reveal important mineralogical differences along the transect.
And there would be some financial institutions out there willing to back that play. After all, the Permian rig count was only 11 rigs fewer than the same week in 2015. 17, 2016, the price of oil was at .42, and the price of natural gas was .87.
The Baker Hughes rig count stayed the same at 218 rigs in the Permian Basin for the week ending Nov. Which play would make the most money for operators today?
Leaves of extinct mosses of the order Protosphagnales are studied with the special attention to their different developmental stages.
A previously unknown morphotypes without costa and with very short costa are revealed in this group.
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