HOUSTON, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE:APA) (Nasdaq:APA) today announced it has completed the
previously disclosed sale of its Apache Canada Ltd. subsidiary to Paramount Resources Ltd. (TSX:POU), which consists of
properties located principally in the provinces of Alberta and British Columbia. Apache also completed the previously
disclosed sale of its Provost assets in Alberta to an undisclosed privately owned company. Together, with the June 30 sale of its
assets at Midale and House Mountain, these transactions constitute a full country exit for the company from Canada.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the
United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its
website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available
for free download from the Apple App Store and the Google's Play store.
Forward-looking statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as "anticipates,"
"intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. These statements include,
but are not limited to, statements about future plans, expectations and objectives for Apache's operations. While forward-looking
statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether
actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which
could cause our actual results, performance, and financial condition to differ materially from our expectations. See "Risk Factors"
in our 2016 Form 10-K filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business.
Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events
that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.
We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future
development or otherwise, except as may be required by law.
APA-F
Contacts Investor: (281) 302-2286 Gary Clark Media: (713) 775-9486 Joe Brettell
