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Apache shares jump 27% on major discovery in Suriname with Total

Rudolf Elias, director of Suriname's state-owned oil company Staatsolie, talks to the media
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(Reuters) - Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America's Suriname, sending Apache's shares surging nearly 27%.The discovery, dubbed "among the most anticipated in the world" by one brokerage, is seen as central to Apache's efforts to reduce its reliance on the Alpine High venture in Texas' Permian basin,..
Date Published: Jan 07, 2020
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