Apache Corp. provides update on Alpine High

10/18/2017

HOUSTON -- Apache Corp. has announced steady progress at Alpine High since revealing the discovery last year.

"When we disclosed Alpine High in September 2016, we had an estimated 2,000-3000 drilling locations," said John J. Christmann IV, Apache CEO and president. "Today, we are increasing that estimate to at least 5,000 locations, consisting of 3,500+ locations in the wet-gas window, 1,000-plus locations in the dry-gas window and 500-plus locations in the emerging Wolfcamp / Bone Springs oil play."

Each of these plays is highly economic at current commodity prices on a fully-burdened development case scenario, he said.

The audio recording and presentation lasted approximately 70 min. and the materials are available for download online at www.apachecorp.com.

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