11.

SUPPLEMENTAL GUARANTOR INFORMATION

In December 1999, Apache Finance Canada Corporation (Apache Finance Canada) issued approximately $300 million of publicly-traded notes due in 2029. In May 2003, Apache Finance Canada issued an additional $350 million of publicly-traded notes due in 2015. Both are fully and unconditionally guaranteed by Apache. The following condensed consolidating financial statements are provided as an alternative to filing separate financial statements.

Apache Finance Canada has been fully consolidated in Apache’s consolidated financial statements. As such, these condensed consolidating financial statements should be read in conjunction with the financial statements of Apache Corporation and subsidiaries and notes thereto, of which this note is an integral part.

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended September 30, 2012


	Apache Corporation		Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	1,030	$	—		$	3,111	$	—		$	4,141
Equity in net income (loss) of affiliates		41		(271	)		71		159			—
Other		—		18			21		(1	)		38

		1,071		(253	)		3,203		158			4,179

OPERATING EXPENSES:
Depreciation, depletion and amortization		349		—			1,680		—			2,029
Asset retirement obligation accretion		20		—			40		—			60
Lease operating expenses		277		—			524		—			801
Gathering and transportation		15		—			71		—			86
Taxes other than income		52		—			115		—			167
General and administrative		97		—			28		(1	)		124
Merger, acquisitions & transition		7		—			—		—			7
Financing costs, net		20		14			6		—			40

		837		14			2,464		(1	)		3,314

INCOME (LOSS) BEFORE INCOME TAXES		234		(267	)		739		159			865
Provision (benefit) for income taxes		54		(67	)		698		—			685

NET INCOME (LOSS)		180		(200	)		41		159			180
Preferred stock dividends		19		—			—		—			19

INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	161	$	(200	)	$	41	$	159		$	161

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	61	$	(200	)	$	41	$	159		$	61

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Quarter Ended September 30, 2011


	Apache Corporation		Apache Finance Canada		All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	1,097	$	—	$	3,185		$	—		$	4,282
Equity in net income (loss) of affiliates		821		188		65			(1,074	)		—
Other		18		148		(119	)		(1	)		46

		1,936		336		3,131			(1,075	)		4,328

OPERATING EXPENSES:
Depreciation, depletion and amortization		323		—		742			—			1,065
Asset retirement obligation accretion		18		—		21			—			39
Lease operating expenses		199		—		462			—			661
Gathering and transportation		13		—		59			—			72
Taxes other than income		49		—		195			—			244
General and administrative		86		—		27			(1	)		112
Merger, acquisitions & transition		3		—		1			—			4
Financing costs, net		33		14		(10	)		—			37

		724		14		1,497			(1	)		2,234

INCOME (LOSS) BEFORE INCOME TAXES		1,212		322		1,634			(1,074	)		2,094
Provision (benefit) for income taxes		210		69		813			—			1,092

NET INCOME (LOSS)		1,002		253		821			(1,074	)		1,002
Preferred stock dividends		19		—		—			—			19

INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	983	$	253	$	821		$	(1,074	)	$	983

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	1,245	$	253	$	821		$	(1,074	)	$	1,245

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Nine Months Ended September 30, 2012


	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation		Reclassifications & Eliminations			Consolidated
	(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	3,070		$	—		$	9,484	$	—		$	12,554
Equity in net income (loss) of affiliates		813			(672	)		176		(317	)		—
Other		(1	)		52			85		(3	)		133

		3,882			(620	)		9,745		(320	)		12,687

OPERATING EXPENSES:
Depreciation, depletion and amortization		997			—			4,704		—			5,701
Asset retirement obligation accretion		57			—			115		—			172
Lease operating expenses		708			—			1,470		—			2,178
Gathering and transportation		38			—			197		—			235
Taxes other than income		146			—			481		—			627
General and administrative		302			—			85		(3	)		384
Merger, acquisitions & transition		23			—			6		—			29
Financing costs, net		71			42			12		—			125

		2,342			42			7,070		(3	)		9,451

INCOME (LOSS) BEFORE INCOME TAXES		1,540			(662	)		2,675		(317	)		3,236
Provision (benefit) for income taxes		207			(166	)		1,862		—			1,903

NET INCOME (LOSS)		1,333			(496	)		813		(317	)		1,333
Preferred stock dividends		57			—			—		—			57

INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	1,276		$	(496	)	$	813	$	(317	)	$	1,276

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	1,196		$	(496	)	$	813	$	(317	)	$	1,196

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Nine Months Ended September 30, 2011


					All Other
	Apache Corporation		Apache Finance Canada		Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
					(In millions)
REVENUES AND OTHER:
Oil and gas production revenues	$	3,230	$	—	$	9,285		$	—		$	12,515
Equity in net income (loss) of affiliates		2,687		163		17			(2,867	)		—
Other		23		109		(53	)		(3	)		76

		5,940		272		9,249			(2,870	)		12,591

OPERATING EXPENSES:
Depreciation, depletion and amortization		938		—		2,092			—			3,030
Asset retirement obligation accretion		52		—		62			—			114
Lease operating expenses		603		—		1,343			—			1,946
Gathering and transportation		37		—		184			—			221
Taxes other than income		140		—		523			—			663
General and administrative		262		—		68			(3	)		327
Merger, acquisitions & transition		10		—		5			—			15
Financing costs, net		104		42		(23	)		—			123

		2,146		42		4,254			(3	)		6,439

INCOME (LOSS) BEFORE INCOME TAXES		3,794		230		4,995			(2,867	)		6,152
Provision (benefit) for income taxes		399		50		2,308			—			2,757

NET INCOME (LOSS)		3,395		180		2,687			(2,867	)		3,395
Preferred stock dividends		57		—		—			—			57

INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	3,338	$	180	$	2,687		$	(2,867	)	$	3,338

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK	$	3,541	$	180	$	2,687		$	(2,867	)	$	3,541

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Nine Months Ended September 30, 2012


	Apache Corporation			Apache Finance Canada			All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
	(In millions)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	1,755		$	(86	)	$	4,753		$	—		$	6,422

CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property		(2,330	)		—			(4,057	)		—			(6,387	)
Additions to gas gathering, transmission and processing facilities		(28	)		—			(558	)		—			(586	)
Acquisition of Cordillera		(2,666	)		—			—			—			(2,666	)
Equity investment in Yara Pilbara Holdings Pty Limited		—			—			(439	)		—			(439	)
Acquisitions, other		(56	)		—			(66	)		—			(122	)
Proceeds from sale of oil and gas properties		20			—			6			—			26
Investment in subsidiaries, net		(541	)		—			—			541			—
Other		(340	)		—			(46	)		—			(386	)

NET CASH USED IN INVESTING ACTIVITIES		(5,941	)		—			(5,160	)		541			(10,560	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper, credit facility and bank notes, net		1,792			—			35			—			1,827
Intercompany borrowings		—			—			572			(572	)		—
Fixed rate debt borrowings		2,991			—			—			—			2,991
Payments on fixed rate debt		(400	)		—			—			—			(400	)
Dividends paid		(246	)		—			—			—			(246	)
Other		40			82			(164	)		31			(11	)

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		4,177			82			443			(541	)		4,161

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(9	)		(4	)		36			—			23

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR		41			5			249			—			295

CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	32		$	1		$	285		$	—		$	318

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Nine Months Ended September 30, 2011


							All Other
	Apache Corporation			Apache Finance Canada			Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
							(In millions)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	$	1,573		$	(34	)	$	5,632		$	—		$	7,171

CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas property		(1,280	)		—			(3,478	)		—			(4,758	)
Additions to gas gathering, transmission and processing facilities		—			—			(472	)		—			(472	)
Acquisitions, other		(416	)		—			(93	)		—			(509	)
Proceeds from sales of oil and gas properties		6			—			196			—			202
Investment in subsidiaries, net		1,256			—			—			(1,256	)		—
Other		(65	)		—			(24	)		—			(89	)

NET CASH USED IN INVESTING ACTIVITIES		(499	)		—			(3,871	)		(1,256	)		(5,626	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Commercial paper, credit facility and bank notes, net		(928	)		—			(12	)		—			(940	)
Intercompany borrowings		—			(1	)		(1,248	)		1,249			—
Dividends paid		(230	)		—			—			—			(230	)
Other		97			35			(62	)		7			77

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		(1,061	)		34			(1,322	)		1,256			(1,093	)

NET INCREASE IN CASH AND CASH EQUIVALENTS		13			—			439			—			452

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR		6			—			128			—			134

CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	19		$	—		$	567		$	—		$	586

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

September 30, 2012


	Apache Corporation		Apache Finance Canada		All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
					(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	31	$	1	$	286		$	—		$	318
Receivables, net of allowance		799		—		2,177			—			2,976
Inventories		73		—		701			—			774
Drilling advances		17		1		555			—			573
Derivative instruments		54		—		50			—			104
Prepaid assets and other		3,904		—		(3,605	)		—			299

		4,878		2		164			—			5,044

PROPERTY AND EQUIPMENT, NET		17,720		—		33,444			—			51,164

OTHER ASSETS:
Intercompany receivable, net		4,504		—		(2,361	)		(2,143	)		—
Equity in affiliates		20,761		741		89			(21,591	)		—
Goodwill, net		—		—		1,114			—			1,114
Deferred charges and other		179		1,002		1,307			(1,000	)		1,488

	$	48,042	$	1,745	$	33,757		$	(24,734	)	$	58,810

LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	670	$	1	$	2,609		$	(2,143	)	$	1,137
Current debt		899		—		65			—			964
Asset retirement obligation		434		—		—			—			434
Derivative instruments		20		—		36			—			56
Other current liabilities		793		12		1,994			—			2,799

		2,816		13		4,704			(2,143	)		5,390

LONG-TERM DEBT		10,022		647		1			—			10,670

DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Income taxes		2,878		5		4,719			—			7,602
Asset retirement obligation		1,006		—		2,788			—			3,794
Other		606		250		784			(1,000	)		640

		4,490		255		8,291			(1,000	)		12,036

COMMITMENTS AND CONTINGENCIES SHAREHOLDERS’ EQUITY		30,714		830		20,761			(21,591	)		30,714

	$	48,042	$	1,745	$	33,757		$	(24,734	)	$	58,810

APACHE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2011


	Apache Corporation		Apache Finance Canada		All Other Subsidiaries of Apache Corporation			Reclassifications & Eliminations			Consolidated
					(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	41	$	5	$	249		$	—		$	295
Receivables, net of allowance		773		—		2,306			—			3,079
Inventories		51		—		604			—			655
Drilling advances		11		—		218			—			229
Derivative instruments		113		—		191			—			304
Prepaid assets and other		3,859		—		(3,618	)		—			241

		4,848		5		(50	)		—			4,803

PROPERTY AND EQUIPMENT, NET		12,262		—		33,186			—			45,448

OTHER ASSETS:
Intercompany receivable, net		3,931		—		(1,908	)		(2,023	)		—
Equity in affiliates		20,214		1,372		99			(21,685	)		—
Goodwill, net		—		—		1,114			—			1,114
Deferred charges and other		158		1,002		526			(1,000	)		686

	$	41,413	$	2,379	$	32,967		$	(24,708	)	$	52,051

LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	609	$	1	$	2,461		$	(2,023	)	$	1,048
Current debt		400		—		31			—			431
Asset retirement obligation		434		—		13			—			447
Derivative instruments		76		—		37			—			113
Other current liabilities		614		5		2,305			—			2,924

		2,133		6		4,847			(2,023	)		4,963

LONG-TERM DEBT		6,137		647		1			—			6,785

DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Income taxes		2,622		5		4,570			—			7,197
Asset retirement obligation		936		—		2,504			—			3,440
Other		592		250		831			(1,000	)		673

		4,150		255		7,905			(1,000	)		11,310

COMMITMENTS AND CONTINGENCIES SHAREHOLDERS’ EQUITY		28,993		1,471		20,214			(21,685	)		28,993

	$	41,413	$	2,379	$	32,967		$	(24,708	)	$	52,051