One-Page Deal Sheet
Apache, Chevron Ink Horn River LNG Joint Venture
Apache Corp, Chevron Corp Not Disclosed
Announced Date
December 24,2012
Transaction Type
JV
Transaction Details: Subscribe to see
Apache Corporation has reported that its subsidiary Apache Canada Ltd. has signed a broad agreement with Chevron Canada Limited to build and operate the Kitimat LNG project and develop world-class shale gas resources at the Liard and Horn River basins in British Columbia, Canada.
Chevron Canada, a subsidiary of Chevron Corp., and Apache Canada each will become a 50 percent owner of the Kitimat LNG plant, the Pacific Trail Pipeline and 644,000 gross undeveloped acres in the Horn River and Liard basins. Chevron Canada will operate the LNG plant, which will be located on the northern British…
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