Apache to Sell Assets in East-Central Alberta

Apache Corp. is shopping a parcel of its energy assets in east-central Alberta, and the deal is expected to attract bids of more than 500 million Canadian dollars ($452.5 million), according to a person familiar with the matter.

Houston-based Apache has hired Bank of Nova Scotia’s investment-banking arm to sell the assets. Bids are due in mid-October, according to marketing material for the sale process.

The planned sale is in…

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