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Apache finds oil in Suriname
Jan. 8, 2020
Source: Reuters

Apache finds oil in Suriname

Apache Corp and Total’s major oil discovery on Tuesday in Suriname sent Apache’s shares soaring to nearly 27%. Apache said the discovery conformed to a geologic model with 73 meters of oil pay and 50 meters of light oil and gas condensate pay, with more appraisal planning underway. Apache’s contract with Total included $100 million upfront payment and expenditures sustained in exploration.

   Read More About : Oil Discovery Total SA UPSTREAM Suriname
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