"Apache is committed to safe and responsible operations," said
"We are pleased to join the founders of MWCC in developing a system that greatly improves the industry's response capabilities," Farris said.
Other MWCC members are ExxonMobil,
"We are happy to have Apache as a member of the
In the event of an incident, MWCC will support equipment mobilization. An interim containment system is ready for deployment with the capacity to contain up to 60,000 barrels per day of fluid in up to 8,000 feet of water. Work is also underway on an expanded containment system for delivery in 2012 to handle up to 100,000 barrels per day of fluid in up to 10,000 feet of water.
More information about the U.S. Gulf of Mexico Marine Well Containment System is available at http://www.marinewellcontainment.com.
This news release contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 including, without limitation, expectations, beliefs, plans and objectives regarding development, production and exploration activities. Any matters that are not historical facts are forward-looking and, accordingly, involve estimates, assumptions, risks and uncertainties, including, without limitation, risks, uncertainties and other factors discussed in our most recently filed Annual Report on Form 10-K, on our website and in our other public filings and press releases. There is no assurance that Apache's expectations will be realized, and actual results may differ materially from those expressed in the forward-looking statements. We assume no duty to update these statements as of any future date.
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