Apache Corporation
Industry: Energy/Oil, Gas, Coal

Apache is a natural gas and crude oil exploration and production company with operations in the United States, Canada, Australia, Egypt, China, Argentina and Poland Apache was established in 1954 and its common shares were listed on the New York Stock Exchange in 1969. Business Week has named Apache one of the top performers among the S&P 500 for the last two years.

Business Summary
Apache Corporation engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. In North America, its exploration and production interests are focused in the Gulf of Mexico, the Gulf Coast, the Permian Basin, the Anadarko Basin, and the western sedimentary basin of Canada. The company also has exploration and production interests offshore and onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, offshore the People's Republic of China, and onshore Argentina. As of December 31, 2004, the company had total estimated proved reserves of 932 millions barrels of crude oil, condensate, and natural gas liquids; and 6.0 trillion cubic feet of natural gas. Apache Corporation was formed in 1954 and is based in Houston, Texas.

Financial Summary
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