APA Corp (APA) In the news - April 22

[dan_s]

Suriname’s Resource Boom is Back on Track With First Oil Targeted for 2028
By Matthew Smith - Apr 22, 2024, 5:00 PM CDT

Suriname aims to replicate Guyana's oil success but faces challenges due to delays, commercial concerns, and global climate change efforts.
TotalEnergies and APA plan to make the final investment decision on the Block 58 project by the end of 2024, targeting first oil in 2028.
Suriname's oil boom could transform the country's economic fortunes, ending its protracted crisis and lifting it out of poverty.

Read more: https://oilprice.com/Energy/Crude-Oil/Surinames-Resource-Boom-is-Back-on-Track-With-First-Oil-Targeted-for-2028.html

https://oilprice.com/Energy/Crude-Oil/Surinames-Resource-Boom-is-Back-on-Track-With-First-Oil-Targeted-for-2028.html

There is nothing in my valuation of APA for this potentially large oil discovery.