BP to sell U.S. assets Apache 7,000 million dollars.
New York, July 20 .- The British oil company BP reached an agreement with U.S. firm Apache to sell part of its business of production of oil and natural gas in the United States, Canada and Egypt by 7,000 million dollars, both companies said Monday.
The operation also affects the land and infrastructure that the company has in the Permian Basin of Texas and New, darkfall gold, Mexico, in the United States in the Western Desert of Egypt, and also their natural gas business in the Canadian provinces of British Columbia and Alberta.
According to the agreement of sale, which is still due to receive the approval of U.S. authorities, Canada and Egypt, Apache will be charged to BP on 30 July a cash deposit of 5,000 million, aika gold, dollars, and is expected to the operation is completed during the third quarter of this year.
The production achieved during the first half of the year in the properties of the British melts was 28,000 barrels of hydrocarbon liquids and 331 million cubic feet of gas per day.
"Very rarely have an opportunity like this in a core business area and much, tera gold, less three. This is a big change to give force Apache to add value to the company for decades," explained Tuesday the president and CEO U.S. firm, Steven Farris said in a statement.
As for BP, the operation will provide cash to the British, trying to raise capital to meet the costs of the spill in the Gulf of Mexico that was unleashed on 20 April and the tasks of cleaning and braking and has spent about 3,000 million dollars.
"In the last two months the shareholders meeting has considered the options of BP to generate cash to meet obligations that would cause the spill in the Gulf of Mexico," said the oil company CEO Tony Hayward , in a statement.
Hayward detail that the company got "a great price for a set of properties that are worth more to others than to BP, which is" a good first step demonstrates our ability and determination to get the maximum value for any assets that we sell. "
The news of the sale of the assets of BP in these three countries met the same day that British Prime Minister, David Cameron, met with U.S. President Barack Obama in the White House, with whom he discussed, among other issues on the discharge caused by the explosion of the BP platform.
After speaking with Obama, Cameron told the media that he understands the frustration at the United States against the oil company for his role in the discharge and assure you that in his conversations with the executives of the company, agrees that the company must pay costs of the spill and clean the black stain.
Emphasize, however, is "a major company and our two countries will agree that a business remains stable and strong."
Shares of Apache, based in Houston (Texas), finished up 3.32 per ceinto in the New York Stock Exchange, where they reached a price of 88.28 dollars each, while in later electronic trading at the close of regular session fell2.81 percent.
The titles of BP traded on Wall Street on Tuesday lost 1.54 percent in value and ended at 35.20 dollars each, which accumulate po a depreciation of 39.28 percent so far this year.
In electronic trading after the closing bell, shares of British prices rose 0.91 percent.