New Mexico
APA to sell New Mexico Permian assets to Permian Resources for $608m
APA Corporation (APA) has agreed to sell its New Mexico Permian assets to Permian Resources Corporation for $608m, subject to customary closing adjustments.
The properties in question are forecasted to yield 12.4 million barrels of oil equivalent per day (boepd) for the full year 2025, with oil making up 46% of this production.
The transaction is due for completion towards the end of the second quarter (Q2).
The company plans to primarily allocate the proceeds from the sale towards reducing its debt.
APA CEO John J. Christmann IV said: “We remain committed to focusing our portfolio on core assets where we are actively investing for the long-term. The New Mexico package represents less than 5% of our Permian oil production and unconventional acreage.”
In its recent quarterly report, APA disclosed a production figure of 469,000boepd. However, when adjusted to exclude Egypt’s non-controlling interest and tax barrels, the production stood at 398,000boepd.
APA has also secured natural gas basis swap agreements for approximately two-thirds of its firm transport capacity from the Permian to the Gulf Coast, covering Q2–Q4 2025.
The company has updated its full-year 2025 guidance for income from third-party oil and gas marketing activities to $575m, factoring in these basis hedges.
APA has made strides in improving efficiencies and reducing activities, which will decrease its 2025 development capital by $150m. Additionally, a $25m cut in exploration capital is expected to safeguard free cash flow in the face of fluctuating commodity prices.
APA now anticipates total realised savings on controllable spend for 2025 to be $130m, significantly exceeding previous forecasts.
On a run-rate basis, the company has set a new target of $225m in savings by the end of the year, a substantial increase from the previously estimated range of $100m–125m.
The company reported a net income attributable to common stock of $347m, or $0.96 per diluted share. After adjustments for items affecting comparability of results, APA’s Q1 earnings were $385m, or $1.06 per diluted share.
The net cash provided by operating activities amounted to $1.1bn, with an adjusted EBITDAX (earnings before interest, depreciation, amortisation and exploration) of $1.5bn.
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Colorado Parks and Wildlife rereleased a wolf into Grand County this week after it had traveled into New Mexico, according to a news release.
The New Mexico Department of Game and Fish captured gray wolf 2403 and returned the animal to Colorado.
Colorado wildlife officials decided to release the wolf in Grand County yesterday because of the proximity to “an unpaired female gray wolf,” nearby prey populations and distance from livestock, according to the release.
“Gray wolf 2403 has been returned to Colorado and released in a location where it can best contribute to CPW’s efforts to establish a self-sustaining wolf population while concurrently attempting to minimize potential wolf-related livestock conflicts,” said acting director of CPW Laura Clellan, according to the release.
The wolf was once a member of the Copper Creek pack but departed from it this fall.
A memorandum of understanding between Colorado and Arizona, New Mexico and Utah requires that any gray wolves that leave Colorado and enter those states be returned. That was created in part to maintain the integrity of a Mexican wolf recovery program.
“We recognized during the planning process that we would need to have consideration and plans to protect the genetic integrity of the Mexican wolf recovery program, while also establishing a gray wolf population in Colorado,” said CPW’s Wolf Conservation Program Manager Eric Odell, according to the release.
ALBUQUERQUE, N.M. – A judge sentenced a New Mexico man to nearly 20 years in prison for distributing meth and having guns in his possession to use while doing so.
Court records indicate 43-year-old David Amaya sold meth from a trailer on his parents’ property in Anthony throughout July and August 2024. Agents executed a search warrant Aug. 22 and found 1.18 kilograms of meth, two firearms and ammunition in the trailer and a makeshift bathroom.
Amaya pleaded guilty to possession of meth with intent to distribute it. A judge sentenced him to 235 months in prison.
Once he is out, Amaya will face five years of supervised release.
The FBI’s Albuquerque Field Office and the Las Cruces Metro Narcotics Task Force investigated the case. Assistant U.S. Attorney Kirk Williams prosecuted it.
The New Mexico Lottery offers multiple draw games for those aiming to win big. Here’s a look at Dec. 10, 2025, results for each game:
Powerball
10-16-29-33-69, Powerball: 22, Power Play: 3
Check Powerball payouts and previous drawings here.
Pick 3
Day: 8-2-7
Evening: 6-9-2
Check Pick 3 payouts and previous drawings here.
Lotto America
03-13-37-42-44, Star Ball: 01, ASB: 03
Check Lotto America payouts and previous drawings here.
Pick 4
Evening: 5-0-7-8
Day: 3-7-2-0
Check Pick 4 payouts and previous drawings here.
Roadrunner Cash
02-04-06-21-22
Check Roadrunner Cash payouts and previous drawings here.
Powerball Double Play
13-15-51-67-68, Powerball: 08
Feeling lucky? Explore the latest lottery news & results
This results page was generated automatically using information from TinBu and a template written and reviewed by a Las Cruces Sun-News editor. You can send feedback using this form.
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