Freeport-McMoRan Oil & Gas announced it has completed the acquisition of some of Apache’s interests in the Gulf of Mexico.

The total value of the acquisition was $919 million.

Freeport-McMoRan acquired 51.2% of Apache’s 11.7% working interest in the Lucius oil development project, 100% of Apache’s 12.5% working interest in the Heidelberg oil development project and several exploration leases.


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