Apache to sell western Canada assets for $374 mln

Mon Mar 31, 2014 9:12am EDT
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March 31 (Reuters) - U.S. oil and gas producer Apache Corp said it would sell assets in western Alberta and British Columbia, Canada, for $374 million.

Apache is selling primarily dry gas-producing wells located over 622,600 gross acres, it said in a statement on Monday.

The company, which did not name the buyer, said the deal was expected to close on or about April 30. (Reporting by Anannya Pramanick in Bangalore; Editing by Saumyadeb Chakrabarty)