Apa Corporation
Apache Corporation Guarantees APA Corporation's Credit Obligations
Summary
On January 30, 2024, Apache Corporation guaranteed obligations under an unsecured syndicated credit agreement for APA Corporation. The Credit Agreement, totaling $2.0 billion, is intended to refinance APA's acquisition of Callon Petroleum Company, subject to certain conditions. Apache's guaranty is effective until the aggregate principal amount of Apache's existing indentures is less than $1.0 billion.
Profitelligence Alerts
Get alerts for APA
Be first to know when Apa Corporation files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Apa Corporation
Apa Corporation is an exploration and production company primarily focused on the discovery and development of oil and natural gas. The company's activities encompass a range of energy sectors, including upstream exploration, extraction, and production. Apa Corporation holds significant operations in key regions such as the United States, specifically the Permian Basin and other prolific oil and gas zones, as well as international locations including Egypt and the North Sea. Its strategic portfolio encompasses both conventional and unconventional resources, providing a diversified energy footprint. Apa Corporation plays a vital role in the energy market by supplying raw materials crucial for electricity generation, transportation, and industrial applications. With a focus on innovation and efficiency, the company invests in advanced technologies to optimize exploration and production processes while aiming for sustainable development practices. Apa Corporation thus contributes significantly to global energy supply chains, impacting industries reliant on fossil fuels and driving economic activities in the regions where it operates.
Official SEC Documents
Advertisement