The company also warned that it had seen a $180 million
increase in receivables in Egypt, above historical averages, in
part due to payment delays.
(Reporting by Liz Hampton in Denver)
May 4 (Reuters) - U.S. oil and gas company APA Corp said it was ramping down lean gas drilling in the
Permian Basin due to weak prices, trimming some $100 million off
the 2023 budget, and that it would return to its Alpine High
development there when the market improves.
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