APACHE CORP
8-K, 1996-03-27
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D. C. 20549



                                   FORM  8-K



                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                        SECURITIES EXCHANGE ACT OF 1934




        Date of Report (Date of earliest event reported): March 7, 1996




                               APACHE CORPORATION
             (Exact name of registrant as specified in its charter)




DELAWARE                            1-4300                           41-0747868 
(State or other jurisdiction     (Commission                   (I.R.S. Employer 
of incorporation)                File Number)                    Identification
                                                                        Number)




                            2000 POST OAK BOULEVARD
                                   SUITE 100
                           HOUSTON, TEXAS  77056-4400
                    (Address of Principal Executive Offices)

      Registrant's telephone number, including area code:  (713) 296-6000
<PAGE>   2

ITEM 5.  OTHER EVENTS

         On March 7, 1996, Apache announced the promotions of Mark A. Jackson
to vice president and chief financial officer and Matthew W. Dundrea to
treasurer, each appointment effective March 15, 1996.  Apache issued a press
release, dated March 7, 1996, which is listed under Item 7 as Exhibit 99.1 and
incorporated herein by reference.

         Mr. Dundrea, formerly assistant treasurer, succeeds Clyde McKenzie,
vice president and treasurer, who is leaving Apache to become vice president and
chief financial officer of KN Energy, Inc., Lakewood, Colorado.  Previously,
Apache did not have a chief financial officer, which responsibilities were
handled jointly by Mr. McKenzie and Mr. Jackson, formerly vice 
president-finance.



ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (c)      Exhibits

                  EXHIBIT          DOCUMENT

                   99.1            Press Release, dated March 7, 1996
                                   (Apache Names New CFO, Treasurer)





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<PAGE>   3
                                   SIGNATURES

         Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.



                                             APACHE CORPORATION



Date:    March 26, 1996                      /s/ Z. S. Kobiashvili             
                                             ----------------------------------
                                             Z. S. Kobiashvili
                                             Vice President and General Counsel






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<PAGE>   4

                               INDEX TO EXHIBITS


EXHIBIT         DOCUMENT

  99.1          Press Release, dated March 7, 1996 (Apache Names New CFO, 
                Treasurer)
       







<PAGE>   1
                                                                    EXHIBIT 99.1



                        (APACHE CORPORATION LETTERHEAD)



CONTACTS:

(Media)          Debbie Siegfried          (713) 296-6218
                 Tony Lentini              (713) 296-6227
(Investor)       Robert Dye                (713) 296-6662

                                                           FOR IMMEDIATE RELEASE



                        APACHE NAMES NEW CFO, TREASURER


         HOUSTON (MARCH 7, 1996) -- APACHE CORPORATION TODAY ANNOUNCED THE
PROMOTIONS OF MARK JACKSON TO VICE PRESIDENT AND CHIEF FINANCIAL OFFICER AND
MATT DUNDREA TO TREASURER.

         JACKSON JOINED APACHE IN 1988 AS VICE PRESIDENT AND CONTROLLER AND IN
1994 WAS APPOINTED VICE PRESIDENT, FINANCE.  AFTER GRADUATING FROM OKLAHOMA
CHRISTIAN UNIVERSITY IN 1978, HE WORKED FOR THE NATIONAL ACCOUNTING FIRM, ERNST
& YOUNG, SPECIALIZING IN OIL AND GAS, AND LATER HELD POSITIONS WITH DIAMOND
SHAMROCK AND MAXUS ENERGY CORPORATION.  A CERTIFIED PUBLIC ACCOUNTANT, JACKSON
IS A MEMBER OF THE FINANCIAL EXECUTIVES INSTITUTE.

         PRIOR TO HIS PROMOTION, DUNDREA WAS ASSISTANT TREASURER AT APACHE.
AFTER EARNING A BACHELOR'S DEGREE FROM RIDER UNIVERSITY (1975) AND AN MBA FROM
COLUMBIA UNIVERSITY (1977), HE WORKED FOR MOBIL OIL AND OCCIDENTAL PETROLEUM
AND IN 1982 JOINED UNION TEXAS PETROLEUM, WHERE HE SPENT THE NEXT 12 YEARS.  HE
IS A MEMBER OF THE TREASURY MANAGEMENT ASSOCIATION AND IS A MEMBER AND PAST
OFFICER OF THE HOUSTON TREASURY MANAGEMENT ASSOCIATION.  DUNDREA SUCCEEDS CLYDE
MCKENZIE, WHO HAS ACCEPTED A POSITION IN DENVER.

         APACHE CORPORATION, WITH OPERATIONS IN NORTH AMERICAN AND ABROAD, IS
ONE OF THE NATION'S LARGER GAS AND OIL INDEPENDENTS.  ITS SHARES ARE TRADED ON
THE NEW YORK AND CHICAGO EXCHANGES UNDER THE TICKER SYMBOL APA.

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