DENVER — As reports emerged that APA Corp. was potentially shopping some of its Permian Basin assets for a potential $1 billion payoff, Ben C. Rodgers, the company’s senior vice president of finance and treasurer, displayed a remarkably good poker face.
But that doesn’t mean he didn’t drop some hints during his discussion of the company’s thoughts on the Permian Basin and its need to pay down debt, at the EnerCom Denver conference on Aug. 19.
Sources cited by Reuters said on Aug. 19 that the company was exploring the potential sale of Apache’s Permian Basin assets in Texas and New Mexico.