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Company Profile & Recommendation

Company Profile

Apache- (APA)-engages in the exploration, development, and production of crude oil, natural gas, 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. It also has exploration and production interests onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, and onshore Argentina. As of December 31, 2007, the company had total estimated proved reserves of 1,134 million of barrels of crude oil, condensate, and natural gas liquids, as well as 14.7 trillion cubic feet of natural gas. The company was founded in 1954 and is based in Houston, Texas.

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