The Canadian oil company drills for hydrocarbons primarily in Texas and Alberta shale formations. In Colorado, it produces a daily haul of 14,800 barrels of oil and 52 million cubic feet of natural gas on the 51,000 net acres it plans to sell.
A Chinese company wants to build its own coal-fired plant in southern Jamaica to generate the power needed for a hoped-for $1.5 billion port that the Caribbean island envisions as helping transform its chronically sluggish economy.
Apache Corp. President and CEO G. Steven Farris announced Tuesday that the company expects to reduce its stake in an LNG project in Canada as part of a strategy that continues to shift the company’s focus towards North American, onshore liquid production.
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