June 10 (Reuters) - Oil producer APA said on

Wednesday it has agreed to acquire Savant Alaska for about $70

million, gaining access to oil and pipeline infrastructure near

eastern North Slope acreage in Alaska.

Here are some details:

* The deal includes the Badami facilities, which have

production capacity of about 40,000 barrels of oil per day.

* APA is also acquiring the Nutaaq Pipeline, which has

capacity of about 80,000 barrels of oil per day originating at

Badami and providing access to the Trans-Alaska Pipeline System.

* The acquired infrastructure is expected to support

2026-2027 exploration and appraisal activities, as well as

enhance future drilling and development plans in the region.

* APA plans to drill one exploration well and one appraisal

well during the 2026-2027 winter season.

* After the acquisition, APA's eastern North Slope position

will total about 487,000 gross acres.

* The company expects to close the transaction by the end of

2026.