{"id":645019,"date":"2017-07-10T04:29:19","date_gmt":"2017-07-10T04:29:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/apache-sells-canadian-unit-to-focus-on-egypt-us-north-sea\/"},"modified":"2017-07-10T04:29:19","modified_gmt":"2017-07-10T04:29:19","slug":"apache-sells-canadian-unit-to-focus-on-egypt-us-north-sea","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/apache-sells-canadian-unit-to-focus-on-egypt-us-north-sea\/","title":{"rendered":"Apache sells Canadian unit to focus on Egypt, US, North Sea"},"content":{"rendered":"<p><strong>Apache sells Canadian unit to focus on Egypt, US, North Sea:<\/strong> Canadian oil producer Paramount Resources has made an offer to acquire the Canadian subsidiary of Apache Corporation for USD 353.7 mn. The move comes as part of Apache\u2019s move to streamline and focus on its operations in Egypt, the United States, and the North Sea, <a href=\"http:\/\/www.reuters.com\/article\/us-apache-canada-m-a-paramount-rsc-idUSKBN19R371\">Reuters reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apache sells Canadian unit to focus on Egypt, US, North Sea: Canadian oil producer Paramount Resources has made an offer to acquire the Canadian subsidiary of Apache Corporation for USD 353.7 mn. The move comes as part of Apache\u2019s move to streamline and focus on its operations in Egypt, the United States, and the North [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645019","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ddff7fa5-0607-4ffe-8b3a-94891e8cba0b","order":"0","is_powered_by":true,"section_story_id":"f87233cc-6dd2-4d0f-a454-c7e366157aff","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644997],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Apache sells Canadian unit to focus on Egypt, US, North Sea - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/apache-sells-canadian-unit-to-focus-on-egypt-us-north-sea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apache sells Canadian unit to focus on Egypt, US, North Sea\" \/>\n<meta property=\"og:description\" content=\"Apache sells Canadian unit to focus on Egypt, US, North Sea: Canadian oil producer Paramount Resources has made an offer to acquire the Canadian subsidiary of Apache Corporation for USD 353.7 mn. 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The oil and gas exploration firm is predicting it will report lower numbers today and investors will be looking at their Alpine High exploration in Texas, which has been a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634035,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/former-apache-exec-appointed-ceo-of-neptune-energy\/","url_meta":{"origin":645019,"position":1},"title":"Former Apache exec appointed CEO of Neptune Energy","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"MOVES- Jim House was appointed CEO of Neptune Energy, according to OE. House was most recently Apache Corp\u2019s Senior Vice President responsible for Egypt, Mid-Continent US, Gulf Coast, Gulf of Mexico and International New Ventures. He was previously also responsible for Apache\u2019s Joint Venture businesses with EGPC.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569535,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/27\/apache-pharos-energy-among-bidders-for-shells-onshore-assets\/","url_meta":{"origin":645019,"position":2},"title":"Apache, Pharos Energy among bidders for Shell\u2019s onshore assets","author":"enterpriseam admin","date":"27 February 2020","format":false,"excerpt":"M&A WATCH- Apache, Apex, Cheiron among bidders for Shell\u2019s onshore assets: US oil and gas producer Apache, Egyptian firms Apex International Energy, Cheiron, and London-listed Pharos Energy have submitted bids for Shell\u2019s onshore oil and gas assets in Egypt, Reuters reports, citing informed sources. Other undisclosed Asian and Middle Eastern\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627098,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/19\/egpc-signs-usd-9-mn-oil-and-gas-ep-agreement-with-apache-corporation\/","url_meta":{"origin":645019,"position":3},"title":"EGPC signs USD 9 mn oil and gas E&#038;P agreement with Apache Corporation","author":"enterpriseam admin","date":"19 July 2018","format":false,"excerpt":"The EGPC signed yesterday a USD 9 mn oil and gas exploration and production agreement with the Apache Corporation in the Western Desert, the Oil Ministry announced in a statement. The agreement also includes a USD 30 mn signing bonus to dig seven wells in the area.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642936,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/oil-ministry-signs-three-exploration-agreements-with-apache-merlon-worth-usd-79-mn\/","url_meta":{"origin":645019,"position":4},"title":"Oil Ministry signs three exploration agreements with Apache, Merlon worth USD 79 mn","author":"enterpriseam admin","date":"27 August 2017","format":false,"excerpt":"The Oil Ministry signed on Saturday three oil and gas exploration agreements worth USD 79 mn in the Western Desert with Apache and Merlon, according to Al Mal. Separately, Oil Minister Tarek El Molla sat down with Philip Olivier, CEO of Engie Global LNG to discuss both the company's current\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625891,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/26\/apache-plans-to-raise-egypt-investments-to-usd-1-bn-a-year\/","url_meta":{"origin":645019,"position":5},"title":"Apache plans to raise Egypt investments to USD 1 bn a year","author":"enterpriseam admin","date":"26 August 2018","format":false,"excerpt":"INVESTMENT WATCH- Apache plans to boost its investment in Egypt to an annual USD 1 bn, CEO John Christmann is reported to have said last week at a meeting with Oil Minister Tarek El Molla, according to a ministry statement carried by Al Mal. 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