Bloomberg. The Alpine High discovery, confirmed after two years of testing, could contain three billion barrels of oil and 75 trillion cubic feet of rich gas, a company press release said. “Today’s announcement is the culmination of more than two years of hard work by the Apache team,” John J. Christmann IV, Apache’s chief executive officer and president, said in the statement. “While other companies have focused on acquisitions during the downturn, we took a contrarian approach and focused on organic growth opportunities.” Read More]]>
