G Steven Farris Net Worth is42.0 $Million
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Company Name: Apache Corporation / company logo

Apache Corporation is an American independent oil and gas corporation. It is headquartered in 1 Post Oak Central in the Uptown district of Houston, Texas.
Apache has become a large multinational company, with regional offices and operations in the United States, Argentina, Australia, Canada, Egypt and UK North Sea.
In 2012, Apache's market capitalization is approximately $35 billion. The company's proved reserves at year-end 2010 totaled 2.95 billion barrels of oil equivalent, roughly half oil and half natural gas.
In 1954 Apache Oil Corporation is founded in Minneapolis, Minnesota, by Truman Anderson, Raymond Plank and Charles Arnao. In 1955 The first wells were drilled in the Cushing field, between Tulsa and Oklahoma City. In 1960 Apache acquired interests in the Foshay Tower (a Minneapolis landmark). The 32-story imitation of the Washington Monument, became the location of Apachea??s headquarters from early a??60s until 1984. In the 1967 the oil well Fagerness #1 was discovered. In 1969 Apache Corporation shares were listed on the New York Stock Exchange (NYSE: APA). In 1970 Apache expanded into agriculture with the acquisition of Fresno, Californiaa??s S&J Ranch. In 1971 it formed Apache Exploration Company (subsequently a??Apexcoa??) as its oil and gas operating child company. In 1977 Following the sale of Apexco, Apache operates GHK's drilling program in the Anadarko basin.
In 1980 the company acquired non-operating interest (through participation in the Shell Joint Venture) in the Gulf Of Mexico, opening the door to production on the Outer Continental Shelf. In 1981 they created Apache Petroleum Company (APC), US's its first master limited partnership (MLP). In 1986 the company acquired oil and gas assets from Occidental Petroleum (Oxy), marking Apachea??s entry to the Gulf of Mexico as an operator. In 1987 they moved their headquarters from Minneapolis to Denver.
In 1991 they acquired the MW Petroleum assets from Amoco, buying Apache a positio

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G Steven Farris Latest News

Apache announces retirement of G. Steven Farris

HOUSTON -- G. Steven Farris, 66, chairman, president and CEO of Apache Corp., has announced his retirement effective Jan. 20. Farris will continue as non-executive chairman of the board until May 1, 2015, at which time he will retire from the board.
Posted: January 20, 2015, 4:00 pm

Apache taps new CFO as exiting CEO gets hefty retirement package

HOUSTON – Apache Corp. is hiring a former BP executive to oversee its finances and has agreed to pay departing CEO G. Steven Farris his $1.75 million base salary and other payments for the next three years. The Houston oil explorer said Thursday it ...
Posted: January 23, 2015, 10:07 am

Top US E&P Enacts Management Transition Amid Layoffs, Downsizing

After 25 years with Apache, and 14 years as CEO, G. Steven Farris has announced his retirement. Effective today, January 20, Farris will continue as non-executive chairman of the board until May 1, 2015. Apache's executive vice president and chief ...
Posted: January 20, 2015, 6:52 am

Apache Earnings Call Insights: Marketing Assets and Production Growth

G. Steven Farris – Chairman and CEO: I think we said during our first quarter earnings call we had a robust list of assets that we were in a process of marketing which we still do. We have multiple processes going on at the same time. The end results of ...
Posted: August 2, 2013, 5:51 am

Farris Retires As Apache’s Chairman, President, CEO

On Jan. 20, Apache Corp. (NYSE: APA) said that G. Steven Farris announced his retirement as chairman, president and CEO. The retirement became effective that day. He will remain as nonexecutive chairman of the board until May 1, and then will retire from ...
Posted: January 19, 2015, 8:53 pm
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