
Back in 2016, Apache announced a major oil and natural gas discovery in the Alpine High region and promised massive returns to investors. But by 2020, the project ended up with empty wells, zero production, and a 93% stock plunge.
Check out the full story behind the scandal and how $APA investors can now recover their losses: https://www.benzinga.com/markets/24/10/41584895/inside-apaches-alpine-high-fiasco-deception-fraud-and-a-3-billion-write-down
From ‘world-class discovery’ to a $3B disaster: What Happened With Apache?
byu/thesatisfiedplethora inenergy
by thesatisfiedplethora
2 comments
Anyone in the business could have told you Alpine High was a boondoggle
Yet, somehow, the same guy is still the CEO.
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