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.
