OREANDA-NEWS. December 25, 2013. Apache Corporation (NYSE, Nasdaq: APA) announced the expiration, as of 11:59 p.m., Eastern time, on December 19, 2013 (the "Expiration Time"), of its previously announced cash tender offer to purchase up to USD 850 million of its 2.625% Notes due 2023 and 3.25% Notes due 2022 (collectively, the "notes"), subject to the applicable priorities specified in the table below. 

The terms and conditions of the tender offer are described in detail in an Offer to Purchase dated November 21, 2013, and a related Letter of Transmittal, as amended and modified by Apache's news releases issued December 6, 2013, relating to the tender offer.

According to information provided by Global Bondholder Services Corporation, the Depositary for the tender offer, USD 1,332,051,000 aggregate principal amount of notes subject to the tender offer was validly tendered and not validly withdrawn at or prior to the Expiration Time.

Apache has accepted for purchase USD 669,203,000 principal amount of the 2.625% Notes due 2023 validly tendered and not withdrawn and USD 180,797,000 principal amount of the 3.25% Notes due 2022 validly tendered and not validly withdrawn.  Apache expects to make payment for all notes accepted for purchase pursuant to the tender offer in same-day funds today, December 20, 2013.

Notes tendered in the tender offer that have not been accepted for purchase due to proration will be returned promptly to the tendering holders.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBS Securities Inc. have served as Dealer Managers for the tender offer.  Global Bondholder Services Corporation has served as the Depositary and Information Agent for the tender offer.

Global Bondholder Services Corporation may be contacted by telephone at (866) 470-4300 (toll free) or in writing at 65 Broadway — Suite 404, New York, NY, 10006, Attention: Corporate Actions.  Citigroup Global Markets Inc. may be contacted at (800) 558-3745 (toll free) or (212) 723-6106 (collect); J.P. Morgan Securities LLC may be contacted at (866) 834-4666 (toll free) or (212) 834-4811 (collect); and RBS Securities Inc. may be contacted at (877) 297-9832 (toll free) or (203) 897-4825 (collect).