APA Corporation (NasdaqGS:APA) entered into a transaction to acquire Texas Delaware Basin Properties for approximately $560 million in second quarter of 2022. In July, APA Corporation accessed its revolving credit facility to execute the Texas Delaware Basin acquisition. Jefferies LLC acted as financial advisor to the unkown seller. David Sweeney of Akin Gump Strauss Hauer & Feld LLP acted as a legal advisor to APA Corporation.
APA Corporation (NasdaqGS:APA) completed the acquisition of Texas Delaware Basin Properties for approximately $590 million on July 29, 2022. The purchase prize is subject to further post-closing adjustments.