PORTFOLIO TRANSFORMATION: PRODUCTION 2009 Production(1) Pro Forma 1Q 2015 Production(2) International & GOM International 34% N.A. & GOM Onshore 64% N.A. Onshore 537 MBOE/D 478 MBOE/D 50% Liquids 65% Liquids N.A. Onshore…
APACHE TODAY Streamlined Portfolio % of Exposure Production: 64% NA Onshore, 36% International + GOM(1) Production Oil and Liquids 65% Reserves: 78% NA Onshore, 22% International + GOM(2) North American Gas 25% Primarily levered to…
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POSITIONING FOR SUCCESS Establishing medium and long-term field Avg. Global Rig Count development plans under three price scenarios 140 126 120 115 Continuing to attack the cost structure 100 G&A, LOE and Capex 80 Consolidating…