Apache, W&T Offshore Abandonment Pact Found Ambiguous

By Michelle Casady (October 11, 2016, 8:03 PM EDT) -- A Texas federal judge decided on Friday that a contract governing a $44 million dispute over well abandonment liability between Apache Corp. and W&T Offshore Inc. is ambiguous and declined to accept the argument of either side in interpreting the contract that governs government-mandated plugging and abandonment operations....

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