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Apache announced that it has signed a global

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Timothy Smith   Friday, 08/30/13 11:24:27 AM
Re: Danna post# 83
Post # of 134 
Apache announced that it has signed a global strategic partnership with Sinopec International Petroleum Exploration and Production Corporation to pursue joint upstream oil and gas projects.

As a first step, Sinopec is paying US$3.1bn in cash to Apache in exchange for a one-third minority participation interest in Apache's Egypt oil and gas business. Apache will continue to serve as operator.

Purely my own opinion. Do your Due Diligence.
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