-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, Z/GS4NM+g9sVgcHDE6bCEVyb0U77lsu3HKinq3w33xaIgKroE0Vjd1uHIzOmOwKF XiJv3ApDlOEEgI1O9wxJ8g== 0000950129-95-000801.txt : 19950725 0000950129-95-000801.hdr.sgml : 19950725 ACCESSION NUMBER: 0000950129-95-000801 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950630 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19950724 SROS: CSE SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: APACHE CORP CENTRAL INDEX KEY: 0000006769 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 410747868 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04300 FILM NUMBER: 95555436 BUSINESS ADDRESS: STREET 1: 2000 POST OAK BLVD STREET 2: ONE POST OAK CENTER STE 100 CITY: HOUSTON STATE: TX ZIP: 77056-4400 BUSINESS PHONE: 7132966000 MAIL ADDRESS: STREET 1: 2000 POST OAK BLVD STREET 2: STE 100 CITY: HOUSTON STATE: TX ZIP: 77056-4400 FORMER COMPANY: FORMER CONFORMED NAME: APACHE OIL CORP DATE OF NAME CHANGE: 19660830 8-K 1 FORM 8-K DATED 6/30/95 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 30, 1995 APACHE CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 1-4300 41-0747868 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) 2000 POST OAK BOULEVARD SUITE 100 HOUSTON, TEXAS 77056-4400 (Address of Principal Executive Offices) Registrant's telephone number, including area code: (713) 296-6000 2 ITEM 5. OTHER EVENTS On May 17, 1995, Apache Corporation ("Apache") acquired DEKALB Energy Company ("DEKALB") via a merger through which DEKALB became a wholly owned subsidiary of Apache. This merger was accounted for as a "pooling of interests." On July 20, 1995, Apache reported earnings for the second quarter of 1995, and the first six months of 1995, which included combined post-merger (since May 17, 1995) results of operations. Apache's net income of $0.5 million or 1 cent per share for the second quarter of 1995, reflects a nonrecurring, pretax charge of $10 million associated with the DEKALB merger which reduced earnings by 12 cents per share. Excluding this one-time charge, Apache earned $9.2 million or 13 cents per share. Second-quarter 1994 earnings were $12.9 million or 19 cents per share. In connection with the merger, as required under a pooling of interests, Apache has restated previously reported financial results to reflect combined operations. Restated, net income for the first six months of 1995 amounted to $4.6 million or 7 cents per share ($13.3 million or 19 cents per share before the one-time charge), as compared to $21.1 million or 30 cents per share in the prior-year first half. Summary Financial Information for the Quarter Ended June 30, 1995 and 1994, and for the Six Months Ended June 30, 1995 and 1994, is attached hereto as Exhibit 99.1 and incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits EXHIBIT DOCUMENT ------- -------- 99.1 Summary Financial Information for the Quarter Ended June 30, 1995 and 1994, and for the Six Months Ended June 30, 1995 and 1994. 2 3 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. APACHE CORPORATION Date: July 24, 1995 /s/ R. Kent Samuel ------------------------------- R. Kent Samuel Controller and Chief Accounting Officer 3 EX-99.1 2 SUMMARY FINANCIAL INFORMATION 1 EXHIBIT 99.1 APACHE CORPORATION FINANCIAL INFORMATION
For the Quarter For the Six Months Ended June 30, Ended June 30, ---------------------------------- -------------------------------- 1995 1994 1995 1994 --------------- -------------- -------------- ---------------- FINANCIAL DATA (In thousands, except per share data) Revenues $ 206,052 $ 147,054 $ 373,770 $ 279,775 ============= ============= ============ ============= Net Income $ 537 $ 12,907 $ 4,620 $ 21,132 ============= ============= ============ ============= Income per Common Share $ 0.01 $ 0.19 $ 0.07 $ 0.30 ============= ============= ============ ============= Weighted Average Shares 69,809 69,635 69,741 69,663 ============= ============= ============ ============= PRODUCTION AND PRICING DATA GAS VOLUME - Mcf per day United States 519,147 402,765 502,679 392,820 Canada 73,683 53,057 67,458 52,472 Australia 4,542 3,850 5,329 3,994 ------------- ------------- ------------ ------------ Total 597,372 459,672 575,466 449,286 ------------- ------------- ------------ ------------ AVERAGE GAS PRICE PER MCF United States $1.59 $1.89 $1.56 $1.99 Canada $1.02 $1.71 $1.00 $1.70 Australia $1.87 $1.96 $1.94 $1.93 Total $1.52 $1.87 $1.50 $1.96 OIL VOLUME - Barrels per day United States 50,869 32,461 45,334 32,233 Canada 2,061 1,952 2,014 2,035 Australia 3,360 2,741 3,217 2,693 ------------- ------------- ------------ ------------ Total 56,290 37,154 50,565 36,961 ------------- ------------- ------------ ------------ AVERAGE OIL PRICE PER BARREL United States $17.36 $15.82 $17.07 $14.21 Canada $17.81 $16.63 $17.26 $14.36 Australia $19.16 $17.42 $19.05 $16.91 Total $17.48 $15.98 $17.20 $14.42 NGL VOLUMES - Barrels per day United States 1,378 1,356 1,470 1,340 Canada 539 687 549 669 Australia - - - - ------------- ------------- ------------ ------------ Total 1,917 2,043 2,019 2,009 ------------- ------------- ------------ ------------ NGL PRICE PER BARREL United States $13.29 $12.60 $13.01 $11.83 Canada $9.39 $8.10 $9.80 $8.16 Australia $0.00 $0.00 $0.00 $0.00 Total $12.19 $11.09 $12.14 $10.61
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