Apache Corp.

Transaction Type
Sellers
Marketers
Basin
Williston
Post Date
Close Date
Estimated Price
MM
Description

Apache Corp. has retained Meagher Energy Advisors to sell certain horizontal Niobrara assets in Wyoming.

The package includes 100% working interest (80% to 81% net revenue interest) in approximately 36,763 gross acres (35,573 net) in the northern DJ Basin in Laramie County. The acreage block is south of Goshen County drilling and competitive leasing activity in an emerging area directly northeast of Silo Field and north of Hereford Field. Most leases expire in late 2012 and all leases cover all depths. The leases are all fee leases.

Upside includes additional horizontal targets in the Fort Hays, Codell and Greenhorn and a historically productive area with opportunity to establish production
in other formations.

The bid due date is Nov. 8. The effective date is Nov. 1. Contact Julia R. Foster, 303-721-6354 ext. 229, jfoster@meagheradvisors.com.