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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Apache Corporation | NYSE:APA | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 17.73 | 0 | 01:00:00 |
From May 2019 to May 2024
By Micah Maidenberg
Apache Corp. (APA) said Tuesday it has found oil off the coast of Suriname.
The Houston-based energy producer said it and its partner Total SA (TOT) made a significant oil discovery in a well offshore from the South American nation.
Last month, Apache released an update about drilling at the well, called Maka Central-1, that contained relatively little information about search efforts. That update sent shares in the company lower.
Apache said Tuesday the well posted positive for both oil and gas condensate.
Shares of Apache rose 13% in premarket trading.
The oil field in Suriname where Apache is looking for crude is near a large oil asset that Exxon Mobil Corp. (XOM) is developing in Guyana.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
January 07, 2020 07:36 ET (12:36 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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