Apache Corporation, together with its subsidiaries, engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company has exploration and production interests in the Gulf of Mexico, the Gulf Coast, east Texas, the Permian basin, the Anadarko basin, and the Western Sedimentary basin of Canada; and onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego. Apache Corporation sells its natural gas to local distribution companies, utilities, end-users, integrated oil and gas companies, and marketers; and crude oil to integrated oil companies, purchasers, transporters, and refiners. As of December 31, 2008, it had total estimated proved reserves of 1,081 million barrels of crude oil, condensate, and natural gas liquids, as well as 7.9 trillion cubic feet of natural gas. The company was founded in 1954 and is based in Houston, Texas.
$67.28 (04/13/09)
