Apache Corporation Statement on Fieldwood Energy LLC Filing of Voluntary Petition for Relief under Chapter 11 of the United States Bankruptcy Code
Feb. 15, 2018 - Following today's announcement by Fieldwood Energy LLC (Fieldwood) of their intention to file for Chapter 11 bankruptcy protection, Apache Corporation released the following statement.
"We are pleased to see Fieldwood take proactive steps to improve its financial condition and liquidity and appreciate the company's commitment to meeting all of its business obligations to third parties," said Steve Riney, Apache's chief financial officer and executive vice president.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache posts announcements, updates, investor information and all recent press releases on its website, www.apachecorp.com.
Media: (713) 296-7189 Castlen Kennedy
Investor: (281) 302-2286 Gary Clark