APA Corporation Acquires Savant Alaska for $70 Million
APA Corporation (NASDAQ:APA) has agreed to acquire Savant Alaska in a deal valued at $70 million upfront plus contingent payments. The acquisition adds 104,000 gross acres and significant oil production infrastructure on the eastern North Slope of Alaska, expanding APA's position there to approximately 487,000 gross acres.
Tickers: $APA
Topics: acquisitions energy oil and gas