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Apache Said To Seek Buyer For Wheatstone LNG Project Interests

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July 8, 2014

Bloomberg reported July 7 that Apache Corp. (NYSE: APC), the energy company that has announced $9.8 billion of asset sales in the past year, is seeking a buyer for its interests in the Wheatstone LNG project, people familiar with the matter said.

The oil and gas producer is in early discussions with potential buyers for its holdings in Chevron Corp.’s (NYSE: CVX) AU$29 billion (US$27 billion) project in Western Australia, said the people, who asked not to be identified as the matter is private. Macquarie Group Ltd. (ASX: MQG.AX) and ...

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