Apache Issues Corporate Challenge And Offers To Match $500,000 In Donations
For Fund To Build Storm Shelters And Safe Rooms For Oklahoma Schools
HOUSTON, May 30, 2013
HOUSTON, May 30, 2013 /PRNewswire/ --Apache Corporation (NYSE, Nasdaq:
APA)has issued a corporate challenge, calling on companies and individuals to
donate to the Shelter Oklahoma Schools fund for building storm shelters and
safe rooms in the state's schools by pledging to match dollar for dollar the
next $500,000 in donations.
The corporate challenge is in response to the devastation caused by recent
deadly tornados in Moore, Okla. Last week, Apache announced it had pledged
$500,000 toward Shelter Oklahoma Schools, a new 501(c)(3) organization created
by Oklahoma State Reps. Jon Echols and Mark McBride to build storm shelters
and safe rooms in existing Oklahoma schools.
The $500,000 corporate challenge is in addition to Apache's initial $500,000
pledge, bringing Apache's pledge for tornado relief to a total of $1 million.
"Building the storm shelters and safe rooms that Oklahoma schools will require
the financial support of many individuals and businesses in Oklahoma," said G.
Steven Farris, Apache's chairman and chief executive officer. "The initial
response from Oklahomans wanting to help their neighbors has been gratifying.
We hope others will recognize that donations they make today will go toward
keeping generations of school children safe."
Shelter Oklahoma Schools is accepting donations on its website,
Apache employees have called Oklahoma home for more than 50 years and the
company has ties to many communities, including Moore. Apache currently has
369 employees in Oklahoma.
Moore was devastated by a deadly tornado on May 20 that killed 24 people and
sent hundreds to the hospital. Among those killed were 10 children, eight of
whom were elementary school students.
Apache Corporation is an oil and gas exploration and production company with
operations in the United States, Canada, Egypt, the United Kingdom North Sea,
Australia and Argentina. Apache posts announcements, operational updates,
investor information and copies of all press releases on its website,
SOURCE Apache Corporation
Contact: Media: John Roper, (281) 302-2646, Bill Mintz, (713) 296-7276,
Patrick Cassidy, (713) 296-6100 or Investor: (281) 302-2286, Brady Parish,
Castlen Kennedy, Christopher Cortez, Alicia Reis, www.apachecorp.com
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