Chevron put the Oilfield M&A game in motion on Friday, with their announcement of a cash and stock offer for Anadarko Petroleum. The oil industry is ripe for some M&A activity, as the nice premium of about twenty percent that was offered to the prior closing price, seems to indicate. I think a case can be made for exceptionally well-rounded oil companies to be high on the lists of potential acquisitors in the hunt for value. One such company is Apache Corporation. In this article we will take a look at to why I think they could be the next…