APA Corporation Announces Appraisal Drilling Success Offshore Suriname in Block 58
APA Corporation (APA)
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Source: GlobeNewswire
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 fast-track, black oil development. Sapakara South-1, an appraisal well located on the eastern edge of the Sapakara area, encountered approximately 30 meters (98 feet) of net black oil pay in a single zone of high-quality Campano-Maastrichtian reservoir. This result marks another important step toward a commercial oil development in the southeast portion of Block 58. The Maersk Valiant will soon mobilize to the next exploration prospect at Bonboni, approximately 45 kilometers to the north, before returning later in the year to flow test Sapakara South-1. A second appraisal well encountered two thin intervals of black oil above water in the Campano-Maastrichtian at Kwaskwasi, impacting a
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- 2/22/24 - Beat
APA
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form DEF
- 4/10/24 - Form 8-K
- APA's page on the SEC website