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Wednesday, October 1, 2014

Market Chatter-Corporate finance press digest, (NYSE: APA)

The following corporate finance-related stories were reported by media:* U.S. oil and gas company Apache Corp is looking to sell one third of its oil and gas production in the Texas panhandle and western Oklahoma, a deal that could fetch more than $2.5 billion, according to people familiar with the situation.

Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Shares of APA fell by 0.86% or $-0.81/share to $93.87. In the past year, the shares have traded as low as $77.31 and as high as $104.57. On average, 2496790 shares of APA exchange hands on a given day and today's volume is recorded at 3647322.