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Apco shareholders approve Pluspetrol agreement

By: Journal Record Staff//January 27, 2015//

Apco shareholders approve Pluspetrol agreement

By: Journal Record Staff//January 27, 2015//

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TULSA – Apco Oil and Gas International shareholders have approved an agreement for Pluspetrol Resources Corp. to buy Tulsa-based Apco.

Pluspetrol is based in the Netherlands and has exploration and production operations in Latin America.

Apco has interests in nine oil and gas concessions and two exploration permits in Argentina and three exploration and production contracts in Colombia.

Tulsa-based WPX Energy owns a 69-percent controlling equity interest in Apco.