Apache piles up the cashAcquisitions, drillbit successes drive production, cash flow to record heights Petroleum News
Big independent Apache Corp., which has done about $6.5 billion in acquisitions during the past decade, is now reaping the benefits of this year’s $1.5 billion in deals with huge production gains and mounting cash reserves that have left industry observers wondering about the company’s next move.
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More than $2 billion in cash from operations
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