Under the terms of its joint venture agreement with Total S.A. (TOT), Apache Corp. (APA) will operate the first three exploration wells in Block 58 and subsequently will transfer operatorship to Total. The headline "Apache to Operate First Three Wells, Then Transfer Ownership to Total," at 7:31 p.m. ET on Dec. 22, misstated that ownership was being tranferred.

(END) Dow Jones Newswires

December 30, 2019 11:57 ET (16:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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