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Bracewell Represents Apache Corporation in $3 Billion Notes Offering

April 4, 2012

Bracewell & Giuliani LLP is representing Apache Corporation in its offering of $3 billion in aggregate principal amount of notes in a public offering. Apache plans to use proceeds from this offering to fund the cash portion of the purchase price to be paid to acquire Cordillera Energy Partners III LLC, repayment of Apache's $400 million in aggregate principal amount of 6.25% notes which mature on April 15, and for general corporate purposes.

The offering is expected to close April 9, while the Cordillera transaction is expected to close during the second quarter of 2012.