The properties include Hatton, St. Lina, Marten Hills, Snipe Lake, Valhalla, and a portion of Hawkeye.

These assets will be sold in two separate transactions with a combined value of $112m.

The properties comprise of around 4,000 operated and 1,300 non-operated wells that averaged daily production of 38 million ft3 of natural gas and 750 barrels of oil, condensate and natural gas liquids, net to Apache, during the second quarter 2013.

Both transactions are effective from April 1, 2013 and expected to close during the fourth quarter of 2013.

In August 2013, Apache announced the sale of its Nevis, North Grant Lands, and South Grant Lands assets, which are also in Alberta.

Apache president and COO Rodney J. Eichler said, "In Canada, Apache is focused on growing liquids production from a deep inventory of crude oil- and liquids-rich opportunities in Canada’s Western Sedimentary Basin.

"Our extensive remaining acreage in these areas can generate attractive rates of return and provide for more predictable production growth.

"We also remain focused on advancing the Kitimat LNG project to monetize large unconventional resources in the Liard and Horn River basins in northern British Columbia."