Apache to Acquire Cordillera Energy Partners

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Announcements
1/23/2012

254,000 net acres in liquids-rich plays in Anadarko Basin of Texas, Oklahoma
Net production of 18,000 barrels of oil equivalent per day
Proved reserves of 71.5 million boe
14,000 potential drilling locations

Houston, Jan. 23, 2012 – Apache Corporation today announced that it has agreed to acquire Cordillera Energy Partners III LLC, a privately held company with substantial operations that include approximately 254,000 net acres in the prolific Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas Panhandle, for $2.85 billion. Read the release +

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