APA.. APA Corp.

TPWF and Apache Corporation Raise $2 million for Balmorhea State Park Pool Repairs

TPWF and Apache Corporation Raise $2 million for Balmorhea State Park Pool Repairs

Apache announces additional $1 million endowment at Texas Parks and Wildlife Commission meeting

AUSTIN, Texas, Jan. 24, 2019 (GLOBE NEWSWIRE) -- A $1 million contribution in support of Balmorhea State Park pool repairs was presented by Apache Corporation (NYSE, Nasdaq: APA) at a meeting of the Texas Parks and Wildlife Commission today. The check presentation marks the culmination of a $2 million fundraising effort led by Texas Parks and Wildlife Foundation (TPWF). The pool at Balmorhea State Park was closed in early 2018 following a structural collapse of a wall caused by years of erosion from the flow of water from the springs.

The fundraising effort was jump-started with a $1 million challenge grant announced by TPWF and Apache in August 2018. Apache pledged to match all donations dollar-for-dollar up to $1 million. Donations poured in, and by Jan. 17, more than $1 million had been raised.

Apache Chief Executive Officer and President John J. Christmann IV delivered the check to the Commission this morning, and announced that in addition to the $1 million challenge grant, Apache is pledging an additional $1 million contribution to establish an endowment to benefit Balmorhea State Park in perpetuity.

“Balmorhea State Park is a real Texas treasure and an iconic asset for the community.  We’re grateful for the work of both Texas Parks and Wildlife Foundation and Texas Parks and Wildlife Department and were moved by the outpouring of support from the broader community and our many partners who joined us in this effort,” said Christmann.  “In addition to our $1 million match to help repair the pool, the establishment of a long-term endowment through an additional $1 million contribution will supplement the park’s existing budget and incrementally fund improvements over time to help ensure the pool and the park can be enjoyed for generations to come.”

More than 575 donations were received from all corners of the state, with 60 percent of the donations under $100. Several Texas companies made significant contributions, including Texas Pacific Land Trust, Saulsbury Industries, McCoy Remme Ranches, Legend Energy Services, Pioneer Energy Services, and Garrison Brothers Distillery.

Raising private funds for this $2 million project will allow available state funding to be used for other critical repair needs across the state park system. State park facilities throughout Texas have been hit hard by Hurricane Harvey in 2017 and devastating floods in recent years. Apache’s new $1 million endowment will provide resources for Balmorhea State Park enhancement projects in the future that are above and beyond standard maintenance projects provided through state funds.

“We are beyond grateful to Apache for stepping forward to help with our restoration efforts at Balmorhea State Park,” said Texas Parks and Wildlife Department Executive Director Carter Smith. “Without a doubt, their leadership and generosity, coupled with the support of many other organizations and individuals who met their challenge to help save this west Texas oasis, has allowed the department to make critical repairs to the pool without having to sacrifice other much needed park projects around the state. Additionally, the new endowment being established by Apache will allow the department to continue making important improvements to Texas’ favorite swimming hole and help ensure that Balmorhea State Park stays open for future generations to enjoy.”

The iconic pool at Balmorhea State Park was built by the Civilian Conservation Corps in the mid-1930s and is the world’s largest spring-fed swimming pool. More than 15 million gallons of water flow through the pool each day, gushing from the San Solomon Springs. The 1.3-acre pool is up to 25 feet deep, holds 3.5 million gallons of water and the water temperature stays at 72 to 76 degrees year-round.

“We are deeply grateful for Apache’s generosity in establishing the challenge grant and for stepping up again with a $1 million endowment,” said Texas Parks and Wildlife Foundation Executive Director Anne Brown. “The incredible response from Texas companies and Texas citizens who chipped in demonstrates just how much people love Balmorhea’s pool.”

The repairs to the pool at Balmorhea State Park are ongoing.

All TPWF news releases available online:

Since 1991, Texas Parks and Wildlife Foundation has leveraged public funds with private philanthropy to advance Texas’ proud outdoor traditions and conserve our state’s wildlife, habitat, recreational areas, and natural resources. Since its inception, TPWF has raised more than $190 million to help ensure that all Texans, today and in the future, can enjoy the wild things and wild places of Texas.

Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, , and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.

Media contacts:

Lydia Saldaña                      

817.851.5729                        

Castlen Kennedy

713.296.7276

     

Note to editors: Video footage of the presentation to the Texas Parks and Wildlife Commission will be available in the afternoon on Jan. 24. Please contact for the files.

A photo accompanying this announcement is available at

APA-Y

EN
24/01/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on APA Corp.

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: April 19, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

OXY OCCIDENTAL PETROLEUM CORPORATION
RGP RESOURCES CONNECTION INC.
RDNT RADNET INC.
PBF PBF ENERGY INC. CLASS A
OMI OWENS & MINOR INC.
NEOG NEOGEN CORPORATION
MOD MODINE MANUFACTURING COMPANY
LGND LIGAND PHARMACEUTICALS INCORPORATED
CVGW CALAVO GROWERS INC.
CBRL CRACKER BARREL OLD COUNTRY STORE INC.
APA.. APA CORP.
LPG DORIAN LPG
WHF WHITEFIELD
AB ALLIANCEBERNSTEIN HOLDING L.P.
ADC AGREE REALTY CORPORATION
AMTX AEMETIS
CNFR CONIFER HOLDINGS
MSM MSC INDUSTRIAL DIRECT CO. INC. CLASS A
KYN KAYNE ANDERSON MLP INVESTMENT CO.
FBK FB FINANCIAL CORPORATION
MAV PIONEER MUNICIPAL HIGH INCOME ADVANTAGE TRUST
NHF NEXPOINT CREDIT STRATEGIES FUN
MHI PIONEER MUNICIPAL HIGH INCOME TRUST
WGO WINNEBAGO INDUSTRIES INC.
FF FIRST MINING GOLD
SONO SONOS
GRX THE GABELLI HEALTHCARE & WELLNESSRX TRUST
CCO CLEAR CHANNEL OUTDOOR HOLDINGS INC
LPI LAREDO PETROLEUM INC.
KROS KEROS THERAPEUTICS
ASAN ASANA
PCVX VAXCYTE
NUVB NUVATION BIO INC (A)
UAN CVR PARTNERS LP
SMMT SUMMIT THERAPEUTICS INC
FTCI FTC SOLAR
PFBX INC.
UPST PEOPLES FINANCIAL CORP. (MISSISSIPPI)
HUMA UPSTART HOLDINGS
BFZ HUMACYTE INC
PEPG BLACKROCK CALIF MUN INCOME TRUST
EWTX PEPGEN INC
GLSI EDGEWISE THERAPEUTICS INC
JMSB GREENWICH LIFESCIENCES INC
MEGI JOHN MARSHALL BANCORP INC
NMTC MAINSTAY CBRE GBL INFRASTRUCTURE MEGATRENDS FD
VANI NEUROONE MEDICAL TECHNOLOGIES CORP
PROK VIVANI MEDICAL INC
GTE PROKIDNEY CORP.
SBGI GRAN TIERRA ENERGY INC.
MIO SINCLAIR INC
NUTX PIONEER MUN HIGH INCOME OPPORTUNITIES FD INC
BATRK NUTEX HEALTH INC
ECF LIBERTY MEDIA CORPORATION
NBY ELLSWORTH FUND LTD
NOVABAY PHARMACEUTICALS INC.
Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: April 12, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: April 5, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

APA Corp: 1 director

A director at APA Corp bought 75,000 shares at 18.248USD and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...

Apache Corporation - September 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch