Apache Corp take over exploration firm

American oil and gas corporation Apache has bought Colarado-based exploration company Cordillera Energy Partners for $2.85 billion (£1.83bn). Cordillera has estimated reserves of 71.5 million barrels of oil equivalent and a current net production of 18,000 boe per day, over a 254,000 acreage in western Oklahoma. G. Steven Farris, chairman and chief executive officer of […]