Apache Increases Common Dividend 25 Percent to 25 Cents Per Share

      Apache Increases Common Dividend 25 Percent to 25 Cents Per Share

PR Newswire

HOUSTON, Feb. 6, 2014

HOUSTON, Feb. 6, 2014 /PRNewswire/ -- The Board of Directors of Apache
Corporation (NYSE, Nasdaq: APA) today announced that it has raised the regular
quarterly cash dividend on the company's common shares to 25 cents per share,
an increase of 25 percent.

(Logo: http://photos.prnewswire.com/prnh/20140116/DA47435LOGO)

The latest increase follows an 18-percent increase in the quarterly dividend
approved in 2013 and a 13-percent increase approved in 2012.

"Apache's portfolio has been rebalanced to emphasize predictable and
profitable growth, particularly from our oil- and liquids-rich onshore North
American assets," said G. Steven Farris, chairman of the board and chief
executive officer. "The board significantly increased the dividend again this
year because it has confidence in Apache's ability to execute our future
growth plans."

The dividend on common shares is payable on May 22, 2014, to stockholders of
record on April 22, 2014. Apache has paid a common dividend to stockholders
since 1965.

About Apache
Apache Corporation is an oil and gas exploration and production company with
operations in the United States, Canada, Egypt, the United Kingdom, Australia
and Argentina. Apache posts announcements, updates, investor information and
all recent press releases on its website, www.apachecorp.com.

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. Any matters that are not
historical facts are forward-looking and, accordingly, involve estimates,
assumptions, risks and uncertainties. These risks include, but are not limited
to the volatility of oil and natural gas prices, uncertainties inherent in
estimating oil and natural gas reserves, drilling risks, and other risks,
uncertainties and factors discussed in Apache's 2012 Form 10-K, on our Web
site and in our other public filings and press releases. There is no assurance
that Apache's expectations will be realized, and actual results may differ
materially from those expressed in the forward-looking statements. Unless
legally required, Apache assumes no duty to update these statements as of any
future date.


SOURCE Apache Corporation

Website: http://www.apachecorp.com
Contact: Media - Patrick Cassidy, +1-713-296-6100, OR Bill Mintz,
+1-713-296-7276, OR Bob Dye, +1-713-296-6662, OR Investor - Brady Parish,
Castlen Kennedy, Christopher Cortez, OR Alicia Reis, all at +1-281-302-2286
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