ADVFN - Advanced Financial Network.
HOME» NYSE » A » APA Stock Price » APA Stock News

Apache Share News

 Apache Corp. Stock Price
APA Stock Price
 Apache Corp. Stock Chart
APA Stock Chart
 Apache Corp. Stock News
APA Stock News
 Apache Corp. Company Information
APA Company Information
 Apache Corp. Stock Trades
APA Stock Trades

Western Australia Drops Case Against Apache Over Varanus Gas Explosion

PERTH -(Dow Jones)- The Western Australia government said Thursday it has discontinued legal action against Apache Corp. (APA) and its partners over a 2008 gas-pipeline explosion at the Varanus Island processing facility off the state's North West coast. The government withdrew the prosecution case, launched in 2009, in response to new information and evidence provided by Apache and its co-licensees during pre-trial proceedings, Mines and Petroleum Minister Norman Moore said in a statement. The government had intended to charge Apache with failing to maintain a pipeline in good condition and repair, Moore said. Moore said he was "angry" that the U.S.-based energy firm would not face the allegations in court because of what he believed to be legal technicalities related to words used in a pipeline license variation issued in 1992. However, there was "no reasonable prospect of success for the State to prove two essential elements of the prosecution," Moore said. An Apache spokesman said the company declined to comment. A section of pipeline at Varanus exploded in June 2008, cutting the state's gas supplies by 30% and causing costly power disruptions to industries. -By Stephen Bell, contributing to Dow Jones Newswires; 61-8-9244-4243; sgbell@bigpond.com

Stock News for Apache (APA)
DateTimeHeadline
07/31/201409:49:05U.S. Hot Stocks: Hot Stocks to Watch
07/11/201408:30:35North Sea Maintenance Means August Crude-Oil Loadings to Fall...
06/26/201416:42:53Egypt to Repay Some of the Billions Owed to Energy Firms
06/09/201406:56:05North Sea BFOE Crude-Oil Loading Programs to Rise 4.5% in July
06/04/201417:48:30TransCanada Plans British Columbia Pipeline Project
06/04/201417:45:27TransCanada Plans C$1.9 Billion British Columbia Pipeline Project
05/15/201417:10:12Point72 Bets on BlackBerry and Booz Allen
05/15/201416:54:14Point72, Formerly SAC Capital, Bets on BlackBerry and Booz Allen
05/15/201401:23:10Murphy Oil Seeks Sale of Malaysia Oil and Gas Assets -- Update
05/08/201410:36:26North Sea BFOE Crude-Oil Loading Programs to Rise 10% in June
04/23/201400:30:17PTTEP to Buy Hess Corp.'s Thailand Assets for $1 Billion
04/04/201412:38:13North Sea Crude Loadings to Drop During May Maintenance
03/31/201409:50:51Apache to Sell Western Canada Assets for $374 Million
02/26/201408:59:45Apache Sets $8.5 Billion Capital Budget for 2014 Exploration...
02/14/201413:44:45Apache President Plank Retires, Leon Named Finance Chief
02/12/201419:33:09Apache to Sell Argentina Operations to YPF for $800 Million...
02/12/201417:48:17Apache to Sell Argentina Operations to YPF for $800 Million
01/30/201409:39:39Apache Sees Continued Growth in Egypt's Western Desert in 2014
01/16/201409:55:56Apache Sees Production Hit on Severe Winter Weather
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Purchases -2-

Apache and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad