Apache Corp. and Total SA said that they have found “significant” deposits of oil off the coast of Suriname, fueling investor excitement that it could be the second big discovery in the region recently after a major strike in offshore Guyana by Exxon Mobil Corp.
News of the successful find sent shares of Houston-based Apache up more than 25% in Tuesday trading, putting it on pace for its largest stock gain since 1973. Total shares were down slightly.
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January 07, 2020 at 10:32PM
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Apache, Total Find Oil in South America - Wall Street Journal
"oil" - Google News
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