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During 2015, Apache adapted to the changing commodity price environment by quickly reducing activity levels, streamlining its portfolio, simplifying its organizational structure, implementing cost-savings initiatives and strengthening its financial position. Apache enters 2016 with a solid foundation and a prudent strategy to maximize value during these challenging times.

ADAPT

INSIGHTS

347

OIL AND NGL PRODUCTION ( MBOE/D )

1.1

NATURAL GAS PRODUCTION ( BCF/D )

1.6

PROVED RESERVES ( BILLION BOE )

2


Apache 2015 Summary Annual Report