<?xml version="1.0" encoding="UTF-8" ?>
			<?xml-stylesheet href="/rss/rss2html.xsl" type="text/xsl" media="screen"?>
			<rss version="2.0" xmlns:alacra="http://www.alacra.com" xmlns:ccbn="http://www.alacra.com/ccbn" xmlns:cs="http://www.alacra.com/cs" xmlns:fitch="http://www.alacra.com/fitch" xmlns:sdc="http://www.alacra.com/sdc" xmlns:newstex="http://www.alacra.com/newstex" ><channel><title>Apache Corporation RSS Research Feed - Subscribe Today - AlacraStore.com</title>
<description>Apache Corporation</description>
<link>http://www.alacrastore.com/company-snapshot/Apache_Corporation-1001084</link>
<lastBuildDate>Saturday, August 30, 2008 10:44:47 AM</lastBuildDate>
<alacra:xlsid>1001084</alacra:xlsid>
<alacra:company>Apache Corporation</alacra:company>
<language>en</language>
<generator>AlacraStore RSS Builder 1.0</generator>
<ttl>30</ttl>
<item><link>http://www.alacrastore.com/storecontent/cs/73282</link><guid isPermaLink="false">cs/73282</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Apache #Q## Tearsheet APA's balance sheet continued to improve in #Q## as total debt/capital fell to ##.#%, from ##.#% at end-#Q##, while net debt/capital fell to ##.#%, from ##.#% at end-#Q##, as the company's cash balance swelled...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">73282</cs:csid><title>Apache 2Q08 Tearsheet</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">498</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">2</cs:type><cs:teartype xmlns:cs="http://www.alacra.com/cs">1</cs:teartype><cs:typew xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">tearsheets/premium</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><pubDate>8/19/2008 12:10:33 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:docid xmlns:cs="http://www.alacra.com/cs">73282</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/73345</link><guid isPermaLink="false">cs/73345</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Oil &amp; Gas Q### Earnings Season Review We review the key takeaway points from Q### earnings season with excerpts from each of our earnings reports for our ##-company Oil &amp; Gas investment grade and high yield coverage universe.Â  (CDS...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">73345</cs:csid><title>Oil &amp; Gas Q208 Earnings Season Review</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">9544</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">113</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1803</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1507</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1229</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1802</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">714</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1984</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">184</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">56</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1991</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1325</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">746</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">843</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">236</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1950</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">459</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">161</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1046</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">166</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1260</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">158</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">172</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">159</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">65</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Energy</cs:tw><pubDate>8/19/2008 10:05:41 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">We review the key takeaway points from Q208 earnings season with excerpts from each of our earnings reports for our 25-company Oil &amp; Gas investment grade and high yield coverage universe.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">73345</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/72634</link><guid isPermaLink="false">cs/72634</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Earnings Note: Apache #Q## Ahead Despite Production Struggles Apache (APA; A#/A-) reported recurring #Q## earnings of $#.# billion, or $#.##/share, coming in well ahead of consensus estimates of $#.##/share, and improving ##% QoQ and...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">72634</cs:csid><title>Earnings Note: Apache 2Q08 Ahead Despite Production Struggles</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1578</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">65</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Energy</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">33</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Capital Structure</cs:tw><pubDate>8/4/2008 7:42:47 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Apache (APA; A3/A-) reported recurring 2Q08 earnings of $1.4 billion, or $4.27/share, coming in well ahead of consensus estimates of $4.06/share, and improving 43% QoQ and 126% YoY on account of higher commodity price realizations.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">72634</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1841176</link><guid isPermaLink="false">ccbn/B1841176</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Not only did Co. exceed EPS of $# for first time, but exceeded highest previous total by over $# per share. ...

</description><pubDate>7/31/2008 8:06:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation Q2 2008 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">APA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">1:00pm CT</ccbn:time><title>Apache Corporation Q2 2008 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1841176</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1841176</link><guid isPermaLink="false">ccbn/T1841176</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Good day, everyone, and welcome to the Apache Corporation second quarter earnings #### conference call. This call is being recorded. Today's presentation will be hosted by Mr. Bob Dye, Vice President of Investor Relations. Mr. Dye, please go ahead, sir....

</description><pubDate>7/31/2008 4:06:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation Q2 2008 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">APA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">1:00pm CT</ccbn:time><title>Apache Corporation Q2 2008 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1841176</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-27066930</link><guid isPermaLink="false">newstex/PRN-0005-27066930</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> HOUSTON, Jul. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Apache Corporation (NYSE, Nasdaq: APA) today reported that high crude oil and natural gas prices fueled record quarterly net income of $#.# billion or $#.## per diluted...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001002</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016003</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016047</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005012</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005011</newstex:cat><pubDate>7/31/2008 9:27:50 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18012000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18023000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18003000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002013</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002011</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002012</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002010</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002015</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>Apache's Second-Quarter Net Income Surges to $1.4 Billion or $4.28 Per Share</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-27066930</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">APACHE CORP</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">G STEVEN FARRIS</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">APA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-27016932</link><guid isPermaLink="false">newstex/PRN-0005-27016932</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> HOUSTON, Jul. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Apache Corporation (NYSE, Nasdaq: APA), will release its second-quarter #### results at #:## a.m. Central time on Thursday, July ##, followed by a conference call...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><pubDate>7/29/2008 8:19:33 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>Apache to Release Second-Quarter Earnings Followed by Conference Call on July 31</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-27016932</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">APACHE CORP</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">APA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/394460_report_frame</link><guid isPermaLink="false">fitch/394460_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Apache Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Devon Energy Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hess Corp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Marathon Oil Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Noble Drilling (Nederland) B.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Occidental Petroleum Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Sunoco Inc.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80088967</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090100</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090762</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091351</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091753</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091763</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80092352</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80417179</fitch:companyid><pubDate>7/25/2008 2:17:00 PM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01040000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">APA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DVN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HES</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MRO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">OXY</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SUN</fitch:ticker><title>Trends in Bank Line Renewals in the Energy Sector</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">394460_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/71749</link><guid isPermaLink="false">cs/71749</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Oil &amp; Gas #Q## Earnings Preview - E&amp;Ps Lead the Way, Refiners Battling Strong Headwinds Crude prices increased ##% sequentially and ##% annually to average $###.##/bbl in #Q##, driven by a combination of ever-present geopolitical concerns,...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">71749</cs:csid><title>Oil &amp; Gas 2Q08 Earnings Preview - E&amp;Ps Lead the Way, Refiners Battling Strong Headwinds</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2323</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">113</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1803</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1507</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">714</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">236</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1229</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1802</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">184</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">56</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1991</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">843</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1984</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1325</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">746</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1950</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">459</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">161</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1046</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">166</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">159</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">172</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">158</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1797</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1260</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">65</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Energy</cs:tw><pubDate>7/16/2008 10:06:00 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">We expect balance sheets, liquidity, and credit metrics will remain strong with the exception of the Refiners, which are likely to see significant pullbacks in organic liquidity and LTM coverage ratio deterioration.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">71749</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-26661426</link><guid isPermaLink="false">newstex/PRN-0005-26661426</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Jul. ##, #### (PR Newswire delivered by Newstex) -- VANCOUVER, July ## /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce, with cash flow exceeding expectations, operations at the...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005012</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016005</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016013</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001002</newstex:cat><pubDate>7/15/2008 4:15:35 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18015000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002013</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>Park Place Energy Corp. Provides Operational Update</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-26661426</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">APACHE CORP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">ENCANA CORP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">EOG RESOURCES INC</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">PARK PLACE ENERGY CORP.</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">APA</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">ECA</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">EOG</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">PRPL</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-26157885</link><guid isPermaLink="false">newstex/PRN-0005-26157885</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> PERTH, Australia, Jun. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Apache Northwest Pty Ltd, a subsidiary of Apache Corporation (NYSE, Nasdaq: APA), said today it has completed an initial assessment of damage at its Varanus...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016013</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005012</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">06001002</newstex:cat><pubDate>6/23/2008 1:17:34 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18015000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18022000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002013</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>Apache Completes Initial Damage Assessment and Estimates Timetable for Re-Establishing Production at Varanus Island Western Australia</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-26157885</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">APACHE CORP</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">G STEVEN FARRIS</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">APA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/70003</link><guid isPermaLink="false">cs/70003</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Oil &amp; Gas: #H## Outlook - Raising Price Forecasts, Balancing Supply Fears and Demand Destruction Concerns We have updated our oil and natural gas outlook for #H## based on developments in the energy complex over the first half of the...</description><cs:company xmlns:cs="http://www.alacra.com/cs">1260</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1797</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">21</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Sector Outlooks</cs:tw><pubDate>6/2/2008 1:05:00 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">We have updated our oil and natural gas outlook for 2H08 based on developments in the energy complex over the first half of the year.</cs:abstract><cs:csid xmlns:cs="http://www.alacra.com/cs">70003</cs:csid><title>Oil &amp; Gas: 2H08 Outlook - Raising Price Forecasts, Balancing Supply Fears and Demand Destruction Concerns</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2163</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">714</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">113</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1802</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">236</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1229</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">843</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">56</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">746</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1803</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1984</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1046</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">459</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">166</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1950</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">158</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">159</cs:company><cs:docid xmlns:cs="http://www.alacra.com/cs">70003</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1817946</link><guid isPermaLink="false">ccbn/T1817946</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>... - Oil and Gas Analyst -  Stanford C. Bernstein &amp; Co. For those don't know me my name is Benjamin Dell. I'm the Oil and Gas analyst at Stanford Bernstein. I am delighted to welcome  today Steven Farris, President and Chief Executive Officer and Chief Operating Officer of Apache. As I'm sure you well know, the Apache story has definitely evolved over the last three, four years possibly into one of the most interesting E&amp;P stories out there. Not only their global presence, but their presence in a number of emerging gas markets and certainly their production growth and returns have been industry leading. I think Steven has a great background across the entire industry, a long history. As you also know there are cards on your seats. If you would like to fill in questions, I will put them to Steven at the end of the presentation. With that, I would like to hand it over and say and think you for coming. ...

</description><pubDate>5/29/2008 4:06:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation at Sanford C. Bernstein &amp; Co. Strategic Decisions Conference Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">APA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">2:00pm ET</ccbn:time><title>Apache Corporation at Sanford C. Bernstein &amp; Co. Strategic Decisions Conference Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1817946</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><title>Central Global Resources ULC acquires Apache Canada Ltd-Oil &amp; Gas from Apache Corp</title><description>CANADA - Central Global Resources ULC, a unit of Central Resources Inc, acquired an oil and gas properties of Apache Canada Ltd, an oil and gas exploration and production company, and a unit of Apache Corp, for ### mil Canadian dollars ($###.### mil US).</description><pubDate>5/21/2008 3:02:25 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">15353L</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">03924L</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">15505N</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">037411</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Central Global Resources ULC</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Apache Canada Ltd-Oil &amp; Gas Properties,Canada</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Central Resources Inc</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Apache Corp</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Central_Global_Resources_ULC_acquires_Apache_Canada_Ltd_Oil_Gas_from_Apache_Corp-1979118040</link><guid isPermaLink="false">sdc/1979118040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>1979118040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Investment &amp; Commodity Firms,Dealers,Exchanges</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United States</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Investors, nec</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6799</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>CO</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Colorado</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Subsidiary</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value>6799:Investors, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Canada</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Crude petroleum and natural gas</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>1311</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>1011411001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Oil,gas expl,prodn</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Oil,gas expl,prodn</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1011414001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>May 21 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Central Global Resources ULC,</sdc:value><sdc:value sdc:p="1">located in Denver, Colorado,</sdc:value><sdc:value sdc:p="2">is an investment company.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Central Global Resources ULC, located in Denver, Colorado,</sdc:value><sdc:value sdc:p="1">is an investment company.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Central Global Resources ULC, located in Denver, Colorado, is an investment company.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">An oil and gas exploration and</sdc:value><sdc:value sdc:p="1">production property located in</sdc:value><sdc:value sdc:p="2">the Canadian provinces of</sdc:value><sdc:value sdc:p="3">Alberta, British Columbia, and</sdc:value><sdc:value sdc:p="4">Saskatchewan.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">An oil and gas exploration and production property located</sdc:value><sdc:value sdc:p="1">in the Canadian provinces of Alberta, British Columbia, and</sdc:value><sdc:value sdc:p="2">Saskatchewan.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>An oil and gas exploration and production property located in the Canadian provinces of Alberta, British Columbia, and Saskatchewan.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>Canadian Dollar</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>19 May 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 19 May 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 05/19/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFF><sdc:value>19 May 08</sdc:value></sdc:i_DATEEFF><sdc:i_DATEEFFS><sdc:value>Date Effective: 05/19/2008</sdc:value></sdc:i_DATEEFFS><sdc:i_DATEUNCON><sdc:value>19 May 08</sdc:value></sdc:i_DATEUNCON><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>112 Canadian Dollar</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>112.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>112 Canadian Dollar</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>112.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>100.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>100.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>112.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>112 Canadian Dollar</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>1.00900</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>57.97600</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>112.97200</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>112.97200</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">CANADA - Central Global</sdc:value><sdc:value sdc:p="1">Resources ULC, a unit of</sdc:value><sdc:value sdc:p="2">Central Resources Inc,</sdc:value><sdc:value sdc:p="3">acquired an oil and gas</sdc:value><sdc:value sdc:p="4">properties of Apache Canada</sdc:value><sdc:value sdc:p="5">Ltd, an oil and gas</sdc:value><sdc:value sdc:p="6">exploration and production</sdc:value><sdc:value sdc:p="7">company, and a unit of Apache</sdc:value><sdc:value sdc:p="8">Corp, for 112 mil Canadian</sdc:value><sdc:value sdc:p="9">dollars ($112.972 mil US).</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>CANADA - Central Global Resources ULC, a unit of Central Resources Inc, acquired an oil and gas properties of Apache Canada Ltd, an oil and gas exploration and production company, and a unit of Apache Corp, for 112 mil Canadian dollars ($112.972 mil US).</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">CANADA - Central Global Resources ULC, a unit of Central Resources Inc, acquired an oil</sdc:value><sdc:value sdc:p="1">and gas properties of Apache Canada Ltd, an oil and gas exploration and production</sdc:value><sdc:value sdc:p="2">company, and a unit of Apache Corp, for 112 mil Canadian dollars ($112.972 mil US).</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">CANADA - Central Global Resources ULC, a unit of Central Resources Inc, acquired an oil and gas properties of Apache Canada Ltd, an oil and gas exploration and production company, and a unit of Apache</sdc:value><sdc:value sdc:p="1">Corp, for 112 mil Canadian dollars ($112.972 mil US).</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">CANADA - Central Global Resources ULC, a unit of Central Resources Inc, acquired an oil and gas properties of Apache Canada Ltd, an oil</sdc:value><sdc:value sdc:p="1">and gas exploration and production company, and a unit of Apache Corp, for 112 mil Canadian dollars ($112.972 mil US).</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Completed</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Completed</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value>1311:Crude petroleum and natural gas</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>247224001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_NATION><sdc:value>United States</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>1311</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Colorado</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Private</sdc:value></sdc:upa1_STATUS><sdc:upsic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>332001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>United States</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>1311</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Texas</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>APA</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>112.97200</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>112.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>112.97200</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>57.97600</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>Thomson Financial Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/69543</link><guid isPermaLink="false">cs/69543</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Apache #Q## Tearsheet APA's balance sheet continued to improve in Q### as debt/capital declined to ##%, from ##% at end-Q###, while net debt/capital declined to ##%, from ##% at end-Q###.APA will continue to generate substantial free...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">69543</cs:csid><title>Apache 1Q08 Tearsheet</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">461</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">2</cs:type><cs:teartype xmlns:cs="http://www.alacra.com/cs">1</cs:teartype><cs:typew xmlns:cs="http://www.alacra.com/cs">Tearsheet</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">tearsheets/premium</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><pubDate>5/21/2008 1:30:26 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:docid xmlns:cs="http://www.alacra.com/cs">69543</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/420810_pr_frame</link><guid isPermaLink="false">fitch/420810_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Anadarko Petroleum Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Apache Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Chesapeake Energy Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Devon Energy Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hess Corp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Marathon Oil Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Newfield Exploration Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Occidental Petroleum Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ocean Energy, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pennzenergy</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pioneer Natural Resources Company</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80088967</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090099</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090100</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090562</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090762</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091143</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091152</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091351</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091465</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80092352</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82056460</fitch:companyid><pubDate>5/16/2008 6:32:00 PM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01040000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">APA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">APC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CHK</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DVN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HES</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MRO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NFX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">OXY</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PXD</fitch:ticker><title>Fitch Upgrades Devon Energy Corporation to 'BBB+'; Outlook Stable</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">420810_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><title>Total SA acquires Apache-EP,Vulcan Basin(2) from Apache Corp</title><description>AUSTRALIA - Total SA acquired a ##% interest in two exploration permits, located in Vulcan Basin, of Apache Corp, an oil and gas exploration and production company.</description><pubDate>5/15/2008 2:37:37 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">89151E</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">03914R</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">89151E</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">037411</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Total SA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Apache Corp-Exploration Permits,Vulcan Basin(2)</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Total SA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Apache Corp</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Total_SA_acquires_Apache_EP_Vulcan_Basin_2_from_Apache_Corp-1977458040</link><guid isPermaLink="false">sdc/1977458040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>1977458040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>New York</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>France</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Crude petroleum and natural gas</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>1311</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>TOT</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">1221:Bituminous coal and lignite surface mining</sdc:value><sdc:value sdc:p="1">1222:Bituminous coal underground mining</sdc:value><sdc:value sdc:p="2">1231:Anthracite mining</sdc:value><sdc:value sdc:p="3">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="4">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="5">1382:Oil and gas field exploration services</sdc:value><sdc:value sdc:p="6">2819:Industrial inorganic chemicals, nec</sdc:value><sdc:value sdc:p="7">2873:Nitrogenous fertilizers</sdc:value><sdc:value sdc:p="8">2874:Phosphatic fertilizers</sdc:value><sdc:value sdc:p="9">2911:Petroleum refining</sdc:value><sdc:value sdc:p="10">2999:Products of petroleum and coal, nec</sdc:value><sdc:value sdc:p="11">4911:Electric services</sdc:value><sdc:value sdc:p="12">5169:Chemicals and allied products, nec</sdc:value><sdc:value sdc:p="13">5172:Petroleum and petroleum products wholesalers, nec</sdc:value><sdc:value sdc:p="14">5191:Farm supplies</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">1221:Bituminous coal and lignite surface mining</sdc:value><sdc:value sdc:p="1">1222:Bituminous coal underground mining</sdc:value><sdc:value sdc:p="2">1231:Anthracite mining</sdc:value><sdc:value sdc:p="3">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="4">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="5">1382:Oil and gas field exploration services</sdc:value><sdc:value sdc:p="6">2819:Industrial inorganic chemicals, nec</sdc:value><sdc:value sdc:p="7">2873:Nitrogenous fertilizers</sdc:value><sdc:value sdc:p="8">2874:Phosphatic fertilizers</sdc:value><sdc:value sdc:p="9">2911:Petroleum refining</sdc:value><sdc:value sdc:p="10">2999:Products of petroleum and coal, nec</sdc:value><sdc:value sdc:p="11">4911:Electric services</sdc:value><sdc:value sdc:p="12">5169:Chemicals and allied products, nec</sdc:value><sdc:value sdc:p="13">5172:Petroleum and petroleum products wholesalers, nec</sdc:value><sdc:value sdc:p="14">5191:Farm supplies</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Australia</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Crude petroleum and natural gas</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>1311</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>1461005</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Oil,gas expl,prodn</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Oil,gas expl,prodn</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Unspecified</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Ownership Interest</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1010515001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>May 15 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ACURR_CODE><sdc:value>EUR</sdc:value></sdc:fiscal_ACURR_CODE><sdc:fiscal_ADATEFIN><sdc:value>31 Dec 07</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>19245.14300</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>199772.20700</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>164613.79400</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Total SA, headquartered in</sdc:value><sdc:value sdc:p="1">Paris La Defense, France, is</sdc:value><sdc:value sdc:p="2">an oil and gas exploration and</sdc:value><sdc:value sdc:p="3">production company with</sdc:value><sdc:value sdc:p="4">operations in more than 130</sdc:value><sdc:value sdc:p="5">countries. It focuses on</sdc:value><sdc:value sdc:p="6">upstream operations that</sdc:value><sdc:value sdc:p="7">include oil and gas</sdc:value><sdc:value sdc:p="8">exploration, development and</sdc:value><sdc:value sdc:p="9">production, and LNG; and</sdc:value><sdc:value sdc:p="10">downstream operations that</sdc:value><sdc:value sdc:p="11">include refining, marketing,</sdc:value><sdc:value sdc:p="12">trading and shipping of crude</sdc:value><sdc:value sdc:p="13">oil and petroleum products. It</sdc:value><sdc:value sdc:p="14">also provides coal mining and</sdc:value><sdc:value sdc:p="15">electric utility services. It</sdc:value><sdc:value sdc:p="16">was founded in 1924.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Total SA, headquartered in Paris La Defense, France, is an</sdc:value><sdc:value sdc:p="1">oil and gas exploration and production company with</sdc:value><sdc:value sdc:p="2">operations in more than 130 countries. It focuses on</sdc:value><sdc:value sdc:p="3">upstream operations that include oil and gas exploration,</sdc:value><sdc:value sdc:p="4">development and production, and LNG; and downstream</sdc:value><sdc:value sdc:p="5">operations that include refining, marketing, trading and</sdc:value><sdc:value sdc:p="6">shipping of crude oil and petroleum products. It also</sdc:value><sdc:value sdc:p="7">provides coal mining and electric utility services. It was</sdc:value><sdc:value sdc:p="8">founded in 1924.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Total SA, headquartered in Paris La Defense, France, is an oil and gas exploration and production company with operations in more than 130 countries. It focuses on upstream operations that include oil and gas exploration, development and production, and LNG; and downstream operations that include refining, marketing, trading and shipping of crude oil and petroleum products. It also provides coal mining and electric utility services. It was founded in 1924.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Two oil and gas exploration</sdc:value><sdc:value sdc:p="1">permits, located in Vulcan</sdc:value><sdc:value sdc:p="2">Basin, Australia. These</sdc:value><sdc:value sdc:p="3">permits include AC/P 42 and</sdc:value><sdc:value sdc:p="4">AC/P 43.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Two oil and gas exploration permits, located in Vulcan</sdc:value><sdc:value sdc:p="1">Basin, Australia. These permits include AC/P 42 and AC/P 43.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Two oil and gas exploration permits, located in Vulcan Basin, Australia. These permits include AC/P 42 and AC/P 43.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>13 May 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Tue, 13 May 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 05/13/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFF><sdc:value>13 May 08</sdc:value></sdc:i_DATEEFF><sdc:i_DATEEFFS><sdc:value>Date Effective: 05/13/2008</sdc:value></sdc:i_DATEEFFS><sdc:i_DATEUNCON><sdc:value>13 May 08</sdc:value></sdc:i_DATEUNCON><sdc:i_DESCR><sdc:value>Acq. Maj. Int.</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>50.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>50.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>50.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>187300.89000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">AUSTRALIA - Total SA acquired</sdc:value><sdc:value sdc:p="1">a 50% interest in two</sdc:value><sdc:value sdc:p="2">exploration permits, located</sdc:value><sdc:value sdc:p="3">in Vulcan Basin, of Apache</sdc:value><sdc:value sdc:p="4">Corp, an oil and gas</sdc:value><sdc:value sdc:p="5">exploration and production</sdc:value><sdc:value sdc:p="6">company.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>AUSTRALIA - Total SA acquired a 50% interest in two exploration permits, located in Vulcan Basin, of Apache Corp, an oil and gas exploration and production company.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">AUSTRALIA - Total SA acquired a 50% interest in two exploration permits, located in Vulcan</sdc:value><sdc:value sdc:p="1">Basin, of Apache Corp, an oil and gas exploration and production company.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>AUSTRALIA - Total SA acquired a 50% interest in two exploration permits, located in Vulcan Basin, of Apache Corp, an oil and gas exploration and production company.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">AUSTRALIA - Total SA acquired a 50% interest in two exploration permits, located in Vulcan Basin, of Apache Corp, an oil and gas</sdc:value><sdc:value sdc:p="1">exploration and production company.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Completed</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>45700.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>13181.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>136824.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>112744.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Completed</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>1461005</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>France</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>1311</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>TOT</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>332001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>United States</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>1311</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Texas</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>APA</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>Thomson Financial Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1833788</link><guid isPermaLink="false">ccbn/T1833788</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>... - Calyon Securities -  AnalystNext up we have Apache Corp. Apache Corp is a global diversified large cap oil and gas company with operations in five  continents. Its #### exploration program was the largest ever, with an active drilling campaign in the Carnarvon Basin of offshore Australia and in Northern Egypt. Apache has also recently revealed that it has over ###,### net acres in [new block] Shale off Northeastern BC, which it's just starting to explore. Speaking today is Bob Dye, Vice President Investor Relations. He has been with Apache for over ## years and head of Investor Relations for over ##. Bob? ...

</description><pubDate>5/14/2008 10:06:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation at Calyon Securities Energy Conference Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">APA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">1:30pm ET</ccbn:time><title>Apache Corporation at Calyon Securities Energy Conference Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1833788</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/68798</link><guid isPermaLink="false">cs/68798</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Earnings Note: Apache Q### Falls Short, #### Production Outlook Trimmed Apache (APA; A#/A#) reported recurring Q### earnings of $#.# billion, or $#.##/share, falling short of consensus estimates of $#.##/share on account of lower-than-expected...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">68798</cs:csid><title>Earnings Note: Apache Q108 Falls Short, 2008 Production Outlook Trimmed</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1378</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">160</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">60</cs:industry><cs:industry xmlns:cs="http://www.alacra.com/cs">15</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">65</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Energy</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">33</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Capital Structure</cs:tw><pubDate>5/5/2008 11:06:27 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Apache (APA; A3/A-) reported recurring Q108 earnings of $1.0 billion, or $2.99/share, falling short of consensus estimates of $3.03/share but improving 2% QoQ and 102% YoY.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">68798</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1837804</link><guid isPermaLink="false">ccbn/B1837804</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Consistent with prior quarters, provided adjusted non-GAAP income of $#.## per diluted share with adjustment primarily related to foreign currency fluctuations on deferred tax balances. ...

</description><pubDate>5/1/2008 6:06:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Apache Corporation</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Apache Corporation Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">APA</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">1:00pm CT</ccbn:time><title>Q1 2008 Apache Corporation Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1837804</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item></channel></rss>