OFFSHORE PETROLEUM INVESTMENT PARTNERSHIP

Form Type: 8-K

Filing Date: 2024-12-30

Corporate Action: Liquidation

Type: New

Accession Number: 000119312524286871

Comments: On December 18, 2024, Offshore Petroleum Investment Partnership completed a sale to CV Energy Corporation, acquiring 100% of the limited partnership interest in Offshore Petroleum Limited Partnership, making it a wholly owned subsidiary of Apache Corporation. Following this acquisition, Apache, as the Liquidation Manager under the Plan of Dissolution, proceeded with the liquidation of the Investment Partnership. No cash consideration was provided to the Investment Partnership, resulting in no distributions to Investing Partners. Subsequently, on December 27, 2024, the Investment Partnership filed a Statement of Cancellation, leading to the cancellation of its legal existence in Delaware.

Document Link: View Document

Additional details:

Effective Date: 2024-12-18


Purchase Agreement: Equity Purchase Agreement


Purchaser: CV Energy Corporation


Partnership Interest: 100%


Liquidation Manager: Apache Corporation


Statement Of Cancellation Date: 2024-12-27