The very cryptic thing Apache Oil CEO said at Bernstein conference today
Something has been kicking Apache stock into high gear the last two days. I doubt if it was the anticipation of the Sanford Bernstein conference nor the hiring of Goldman Sachs to shop some assets. There could be something else in the wind. The cryptic remark by Steve Ferris, CEO of Apache, ramped up my curiosity. I think something is going on in Egypt. Perhaps a joint venture with the Chinese to validate the value of those oil assets. 5-29-13 some time during the trading day this remark was made in response to a question about the Egyptian assets that … Read more