11:06 AM EDT, 08/19/2024 (MT Newswires) -- APA (APA) is looking into the sale of oil and gas drilling properties across the Permian basin in Texas and New Mexico for about $1 billion, Reuters reported Monday, citing people familiar with the matter.

APA did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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