Apache Corp.

HOUSTON, July 18, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for cash proceeds of $3.75 billion. In addition, Fieldwood will assume all asset retirement obligations for these properties, which, as of June 30, 2013, Apache estimated at a [...]

HOUSTON, May 30, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) has issued a corporate challenge, calling on companies and individuals to donate to the Shelter Oklahoma Schools fund for building storm shelters and safe rooms in the state's schools by pledging to match dollar for dollar the next $500,000 in donations.The corporate challenge is in response to the devastation caused by recent deadly [...]

HOUSTON, May 23, 2013 /PRNewswire/ -- Following the devastation caused by recent deadly tornadoes in Moore, Okla., Apache Corp. announced it has pledged $500,000 toward providing storm shelters and safe rooms for Oklahoma schools.The funds will go toward seeding a new 501(c)(3) organization created by Oklahoma State Reps. Jon Echols and Mark McBride to build storm shelters and safe rooms in existing Oklahoma schools [...]

HOUSTON, May 22, 2013 /PRNewswire/ -- The Board of Directors of Apache Corporation (NYSE, Nasdaq: APA) has declared regular cash dividends on the company's common shares and 6% Mandatory Convertible Preferred Stock, Series D. The dividend on common shares of 20 cents per share is payable on Aug. 22, 2013, to stockholders of record on July 22, 2013. The company also announced the regular cash dividend on the 6 [...]

HOUSTON, May 9, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) reported first-quarter earnings of $698 million, or $1.76 per diluted common share, and adjusted earnings*, which exclude certain items that impact the comparability of operating results, of $806 million or $2.02 per share. During the first quarter, worldwide production increased to 781,819 barrels of oil equivalent (boe) per day driven by a [...]

HOUSTON, May 8, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced updated well results from drilling in the Tonkawa and Granite Wash formations of the Texas Panhandle and Western Oklahoma. Tonkawa initial production rates climb 70 percentFlow rates from Apache's first seven Tonkawa wells drilled and producing for 30 days in 2013 averaged 662 barrels of oil equivalent (boe) per day, a 70 percent [...]

HOUSTON, May 7, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced drilling success with three new discovery wells in Egypt's Western Desert. "Apache's discoveries, made in three separate basins, highlight the company's diverse potential for new oil and gas developments across its concessions. This exploration success extends the company's production base to the northeast at the North Ras [...]

HOUSTON, May 1, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA), will release its first-quarter 2013 results at 7 a.m. Central time on Thursday, May 9, followed by a conference call to discuss its results at 9 a.m. Central time*. * Please note the new webcast time at 9 a.m. Central time.The first-quarter results conference call will be webcast from Apache's website, www.apachecorp.com. The webcast replay [...]

HOUSTON, April 30, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 barrels of oil per day. Apache holds a 100-percent working interest in the Tonto Field.(Photo [...]

LONDON, April 15, 2013 /PRNewswire/ --The oil & gas industry has been increasing capital expenditure as it looks for new oil and gas fields to boost production amid growing demand for energy from countries such as China and India. The shale oil and gas boom in the U.S. has enabled several companies to boost production. In fact, the U.S. is expected to overtake Saudi Arabia in the next few years as the world's largest oil [...]