Another Permian deal announced

Jack Burke Senior Editor, Compressor Tech2

January 04, 2024

APA Corp. acquiring rival in all-stock deal

APA Corp. will acquire Callon Petroleum, which is focused on the Delaware Basin within the Permian, for US$4.5 billion.

APA said Callon’s assets provide additional scale to its operations across the Permian Basin, most notably in the Delaware Basin, where Callon has nearly 120,000 acres. On a pro forma…

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