Maybe what Apache decides to do with their assets in Australia must be decided before there can be any rationalization on the NW Shelf interests?
Apache faces breakup in Jana's US$1Bn activist stake
FinancialPost
· 6 days ago
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Summary Apache Corp. is facing a breakup battle after activist hedge fund Jana Partners LLC disclosed a US$1-billion stake in the oil and natural gas company and pushed it to sell its international operations. "We are focused on continuing to execute our strategic plan to rebalance our portfolio and to focus our strategy on more predictable and profitable production growth in our North American onshore assets," Cassidy said in an e-mailed statement. The oil explorer has announced asset sales in the past 18 months in Argentina, the Gulf of Mexico and Egypt, where Apache produces the equivalent of 54,000 barrels of oil and natural gas a day.
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Apache leader switch mystery
The West Australian - 1 hour ago Apache has quietly changed out its senior guard in Australia amid mounting ... for change, including an Apache exit from the Chevron-run Wheatstone LNG .
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TAP Price at posting:
55.5¢ Sentiment: Hold Disclosure: Held
