Finance

APA buys Permian player for $4.5 billion as US shale spending spree continues

Houston-based player strikes all-share deal to acquire Delaware basin-focused Callon Petroleum

$4.5 billion deal. APA Corporation chief executive John Christmann.
$4.5 billion deal. APA Corporation chief executive John Christmann.Photo: APA CORP
Africa CorrespondentLondon
Published 4 January 2024, 11:58Updated 4 January 2024, 11:59
APA CorporationCallon PetroleumPermian BasinDelaware basinJohn Christmann