Apache Corporation’s $612 Million Midcon Asset Sales


Bracewell LLP represented Apache Corporation in $612 million in asset sales in the Western Anadarko Basin and SCOOP/STACK play.

The assets were sold in two separate transactions, with a portion of the proceeds from the sales used to retire $150 million of bonds that matured early July 2019.

Apache Corporation is an independent energy company. The Company, led by John J Christmann IV, Stephen J Riney and P Anthony Lannie, explores for, develops, and produces natural gas, crude oil, and natural gas liquids.

Bracewell advised Apache with G. Alan Rafte (Picture), Carl von Merz, Bruce R. Jocz, D. Kirk Morgan II, Rebecca L. Baker, Elizabeth L. McGinley, Hobie Temple, Jarrod H. Gamble and Shannon M. Rice.

Involved fees earner: Rebecca Baker – Bracewell; Jarrod Gamble – Bracewell; Bruce Jocz – Bracewell; Elizabeth McGinley – Bracewell; Kirk Morgan – Bracewell; Alan Rafte – Bracewell; Shannon Rice – Bracewell; Hobie Temple – Bracewell; Carl von Merz – Bracewell;

Law Firms: Bracewell;

Clients: Apache Corporation;

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Author: Ambrogio Visconti