RE:skeletons
The $330 million cash deal includes the House Mountain assets in Alberta and Apache's share of the Midale and Weyburn oil assets in southeast Saskatchewan, which together produce 5,000 barrels of oil equivalent per day (boepd).
The Midale assets are good, and they got them quite cheap. The House Mountain complex is old, so yes there is liability, but sounds like they are going to put some money into this and keep it going a long time. Apache was just sitting on these assets so they haven't invested in them for a number of years. Wouldn't take much to increase production here.