Apache Corp. unloads Australian subsidiary

April 9, 2015 11:34 AM

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Apache Corp. unloads Australian subsidiary

Company last year said it would focus more on North American basins.

The company said it sold the subsidiary to a private equity management company for cash. Total production for the Australian entity was around 49,000 barrels of oil equivalent last month.

Also read: Varner wins Australian PGA Championship; Scott finishes 3rd

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