50-50 joint venture with TotalEnergies’ subsidiary (Block 58 operator) for 220,000 barrels of oil per day Floating Production Storage and Offloading (FPSO) unit First oil production from the Krabdagu and Sapakara fields anticipated in 2028 Project to feature new technologies to minimize greenhouse

HOUSTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the operator of Block 58, with a 50% interest, alongside APA (50%).

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced discovery. The well is located approximately 4.6 kilometers (3

HOUSTON, Nov. 28, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided an update on exploration activities in Block 58 offshore Suriname. APA holds 50% working interest, while TotalEnergies is the operator on the block with a 50% working interest.

HOUSTON, Aug. 23, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Block 53 Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and

HOUSTON, June 21, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, also holding a 50%

HOUSTON, June 13, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided results from recent drilling operations on Suriname Block 53. APA Suriname, the operator, holds a 45% working interest in the block, with Petronas holding a 30% working interest and CEPSA holding a 25% working

HOUSTON, Nov. 16, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced results from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well, both operations recently completed on Block 58 offshore Suriname.

HOUSTON, Sept. 29, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced results from appraisal drilling at Keskesi South-1 on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies, the operator, holding a 50% working interest.

HOUSTON, July 29, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. As previously noted, the primary objective of the first phase of the appraisal drilling program is to deliver a

HOUSTON, March 09, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today updated the operational status of the Keskesi East-1 discovery well offshore Suriname. As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate in the Upper

HOUSTON, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Apache Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. Keskesi East-1 encountered targets in the upper Cretaceous-aged Campanian and Santonian

HOUSTON, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today provided an update to the technical evaluation of the Kwaskwasi-1 discovery well offshore Suriname. As previously announced, Kwaskwasi-1 discovered hydrocarbons in multiple stacked targets

Third consecutive discovery offshore Suriname confirms a world-class hydrocarbon resource. Kwaskwasi-1 well encountered 278 meters (912 feet) of net oil and volatile oil / gas condensate pay. Fourth exploration prospect in Block 58, Keskesi East-1, will be drilled immediately following conclusion

Sapakara West-1 well provides further confirmation of geologic model with 79 meters (259 feet) of net oil and gas condensate pay. The third and fourth exploration well locations in Block 58 have been identified.   HOUSTON, April 02, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA)

Maka Central-1 well confirms geologic model with 73 meters (240 feet) of oil pay and 50 meters (164 feet) of light oil and gas condensate pay; appraisal planning is underway.   Drilling at the next well, Sapakara West-1, approximately 20 kilometers (12 miles) southeast of Maka Central-1, will test