HOUSTON, April 2, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) executives and local dignitaries gathered in Tulsa to celebrate the grand opening of the company's first public-access compressed natural gas (CNG) fueling station.
The canopied, multi-pump station is the first of several public-access CNG stations Apache is expected to complete this year, including Apache-branded CNG stations in Houston, Midland, Texas; and Lafayette, La.
"The state of Oklahoma has been and continues to be a leader in encouraging greater use of clean-burning natural gas, which this country has been blessed with in incredible abundance," said G. Steven Farris, Apache's chairman and chief executive officer. " Oklahoma is considered the nation's leader when it comes to helping encourage vehicle conversion to CNG and supporting the establishment of a CNG fueling station infrastructure. We thank Oklahoma for its continued support."
Local dignitaries participating in the ribbon-cutting ceremony and CNG fueling demonstration included Tulsa Mayor Dewey Bartlett." Apache is not only a community leader, but an extremely close community partner to the City of Tulsa," Bartlett said. "This CNG fueling station is key to the CNG infrastructure of this city and Apache again establishes how public-private collaboration is the essence of Tulsa's success in this growing industry." The station is located at 5011 S. Vandalia Ave., a site that was chosen to maximize customer convenience and one that is in close proximity to Apache's Tulsa office to help with fleet refueling and to support employees who want to take advantage of company incentives that help them pay to convert their personal vehicles to natural gas. "This centrally located Apache-branded CNG fueling station was produced using world-class equipment from leading manufacturers and as a result it is extremely efficient and safe," said Rob Johnston, Apache Central Region Vice President. The station boasts three dual-hose fueling dispensers capable of fueling six cars simultaneously at a rate of three-to-four gallons equivalent per minute. The self-service station accepts a broad range of credit cards, including Visa, MasterCard, Discover, and American Express, as well as standard fleet cards such as Wright Express, Voyager and Fuel Man.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts