HOUSTON, July 11, 2018 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE:APA) (Nasdaq:APA) will host its second-quarter
2018 results conference call Thursday, Aug. 2, 2018, at 10 a.m. Central time. The company will issue its earnings release after
close of market Wednesday, Aug. 1. The full text of the release will be available on the company's website at www.apachecorp.com.
The conference call will be webcast from Apache's website at www.apachecorp.com and investor.apachecorp.com, and the webcast
replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning
at approximately 4 p.m. Central time Aug. 3. To access the telephone playback, dial (855) 859-2056 or (404) 537-3406 for
international calls. The conference access code is 3260959.
Additional guidance
To further assist analysts with their second-quarter production and earnings models, the company is also providing the following
estimates:
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Realized loss on oil and gas price derivatives (before tax): |
$81 million |
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Unrealized gain on oil and gas price derivatives (before tax): |
$55 million |
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Dry hole costs (before tax): |
$15 - $20 million |
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Egypt tax barrels: |
34,000 to 38,000 BOE per day |
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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. See "Risk Factors" in our 2017 Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and other public filings and press releases. A number of factors could cause actual results to differ materially from the
expectations presented. None of the information contained in this news release has been audited by any independent auditor. Apache
may elect to modify the format or discontinue publication at any time, without notice to securities analysts or investors. Unless
legally required, Apache assumes no duty to update any forward-looking statement as of any future date.
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 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 Play store.
Contacts
Investor: (281) 302-2286 Gary Clark
Media: (713) 296-7189 Castlen Kennedy
Website: www.apachecorp.com
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