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chrisand813

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chrisand813

Re: $tockfather post# 6953

Thursday, 02/12/2015 9:41:49 AM

Thursday, February 12, 2015 9:41:49 AM

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UWTI driving price up today-

HOUSTON — Exploration and production company Apache Corp. reported a $4.8 billion loss in the fourth quarter and said it would slow its activity in the face of falling oil prices.

The Houston-based company said it’s dramatically reducing its rig count, which will fall from 91 in the third quarter of 2014 to 27 by the end of this month.
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