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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): September 26, 2003
APACHE CORPORATION
(Exact name of registrant as specified in Charter)
DELAWARE 1-4300 41-0747868
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
ONE POST OAK CENTRAL
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
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ITEM 5. OTHER EVENTS
In a series of related transactions on September 26, 2003, Apache Corporation
(the Company) repurchased and retired preferred interests issued by three of its
subsidiaries for approximately $444 million. The transactions involved the
purchase of preferred stock issued by two of the Company's subsidiaries for
approximately $82 million and the retirement of a limited partnership interest
in a partnership controlled by a subsidiary of the Company for approximately
$362 million. The amounts included accrued and unpaid dividends on the preferred
stock, accrued and unpaid return on capital for the limited partnership
interest, and reimbursement for costs incurred by the holders of the preferred
interests in connection with the repurchase and retirement. The Company funded
the transactions with available cash on hand and by issuing commercial paper
under its existing commercial paper facilities.
SIGNATURES
Pursuant to the requirements of the Securities 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: September 29, 2003 By: /s/ Jon W. Sauer
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Jon W. Sauer
Vice President