APA Corporation ranks #29 in wells drilled in 2023 with 103 wells drilled in the US has operations in the Midland & Delaware basins located in the Permian Basins recently purchased assets from Revenir Energy Inc (formerly Legacy Reserves) in the Midland Basin.
The table below shows the assets transferred from Revenir Energy to APA Corporation (Data Source: Texas Commission on Environmental Quality).
In 2023 Revenir’s Board of Directors authorized the engagement of Intrepid Financial Partners to assist the company in evaluating strategic alternatives for our remaining Midland Basin assets. Given the robust A&D environment and strong commodity pricing the Board concluded that it would be appropriate to solicit indications of interest in acquiring the Company’s Midland Basin assets.
About Apache Corporation
Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston. The company is ranked 431st on the Fortune 500. The headquarters of the company in Post Oak Central, Houston, Texas.
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Revenir Energy Inc., formerly Legacy Reserves Inc., is an independent energy company. The Company is engaged in the development, production and acquisition of oil and natural gas properties in Permian Basin.
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