DataRoom AM: Apache energiser

A number of big local players are likely gearing up to take a look at Apache’s oil and gas assets, while Super A-Mart could soon hit ASX boards.

Apache’s entire $6 billion to $12bn suite of gas and oil assets in Western Australia is on the market as the US-based group weighs a demerger that could see the creation of a new ASX-listed company. By June next year the firm is hoping to have directed all its attentions back to its US assets, with any international operations not sold before then likely to be bundled into a US and/or ASX listing.

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