Apache Declares Cash Dividends

Apache Corporation has declared regular cash dividends on the company's common shares and 6% Mandatory Convertible Preferred Stock, Series D.

The dividend on the common shares is payable on Nov. 22, 2010, to stockholders of record on Oct. 22, 2010, at the rate of 15 cents per share.

The dividend on the Series D preferred stock is payable Nov. 1, 2010, to holders of record on Oct. 15, 2010, for the dividend period from July 28, 2010, through Oct. 31, 2010. The payment will be $15.50 per share, which is equivalent to 77.5 cents per depository share, each representing 1/20th of a share of Series D preferred stock. The depositary shares are traded on the New York Stock Exchange under the ticker APA/PD.