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CALGARY, Alberta — U.S. oil and gas producer Apache Corp is selling Canadian light oil assets to Canada’s Cardinal Energy Ltd to focus on high-growth areas like the Permian basin shale play, an Apache spokesman said on Thursday.

The C$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).

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Apache becomes the latest international oil firm to sell Canadian operations in favour of concentrating on U.S. shale plays. This year alone international oil majors including ConocoPhillips and Marathon Oil Corp have sold off $22.5 billion of Canadian assets.

Canadian domestic producers such as Cardinal, Cenovus Energy Ltd and others have stepped up to buy the assets from the retreating global firms.

“The sale of these assets is in line with Apache’s efforts to further streamline its portfolio and focus on our high-growth areas of opportunity, particularly in the Permian Basin,” the Apache spokesman said.