"While other companies have focused on acquisitions during the downturn, we took a contrarian approach and focused on organic growth opportunities," said CEO John Christmann in the statement. "These efforts have resulted in the identification of an immense resource that we believe will deliver signi
Date: Sep 07, 2016
Category: Business
Source: Google
Apache's Big Discovery Isn't Even OPEC's Biggest Problem
iscoveryin west Texas is anywhere close to what Apache cracks it up to be, then rival producers -- OPEC, say -- should be at least mildly concerned. And that's because, in one way, the slides about Alpine High in CEO John Christmann's presentation on Wednesday weren't even the most threatening ones.
In a press release, CEO John Christmann said, "These changes represent a significant step toward streamlining our operations in a way that will greatly enhance our ability to maximize recovery and minimize costs."
Date: Jun 01, 2015
Category: Business
Source: Google
Apache CEO's Abrupt Exit Could Start A Wave Of Oil Company Deals
His replacement is John Christmann, 48, who has been leading Apaches efforts to develop the companys core asset: 6 million net acres of unconventional oil-rich acreage across North America. The keystone of that is 1.7 million acres in the Permian basin of west Texas, where Apache has doubled its o
John Christmann, head of Apache Corp.'s Permian Basin operations, said his company has acquired acreage in the Empire ABO field in the Permian, a field where no new wells have been drilled since 1984.