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    Registration number: 2586435 Apache UK Limited Annual Report and Financial Statements for the Year Ended 31 December 2019


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    Apache UK Limited Contents Company Information Strategic Report Directors' Report Statement of Directors’ Responsibilities Independent Auditor's Report Income Statement Statement of Comprehensive Income Statement of Financial Position 10 Statement of Changes in Equity 11 Notes to the Financial Statements 12 to 15


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    Apache UK Limited CompanyInformation Directors J W Sauer S Greig K H Neupert RJ J Chelte T R Custer Companysecretary Cargil Management Services Limited Registered office 27/28 Eastcastle Street London WIW 8DH Auditors Ernst & Young LLP Blenheim House Fountainhall Road Aberdeen AB15 4DT Page 1


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    Apache UK Limited Strategic Report for the Year Ended 31 December 2019 The directors presenttheir strategic report for the year ended 31 December 2019. Fair review of the business The company madea profit for the year of A$1,000 (2018 - A$1,000). The company did not pay nordidit receive dividends during the twelve month period ending 31 December 2019 (2018 - nil). Key performanceindicators Given the straightforward nature of the company’s business, the company’s Directors are of the opinion that analysis using KPIs is not necessary for an understanding of the development, performance orposition of the business. Principal risks and uncertainties Asit is the directors’ intention that the company will become dormant in the future, the principal risk of the companyis that it may not have the ability to pay funds when due. However, shouldanyliabilities arise, another group company will make available such funds as are needed by the company. Approved by the Board on 2 December 2020 andsignedonits behalf by: LA J W Sauer Director Page 2


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    Apache UK Limited Directors' Report for the Year Ended 31 December 2019 Thedirectors present their report and the financial statements for the year ended 31 December2019. Directors' of the company The directors who were appointedto, resigned from,or served in office during the year were as follows: J W Sauer J A Graham (resigned 1 April 2020) The following directors were appointed after the year end: S Greig (appointed 1 April 2020) K H Neupert (appointed 1 April 2020) RJ J Chelte (appointed 1 April 2020) T R Custer (appointed 1 April 2020) Going concern The financial statements have been prepared under the going concern basis. It is the directors’ intention that the company will become dormant in the future. Should anyliabilities arise, another group company will make available such funds as are needed by the company. Disclosure of information to the auditors The directors who were members ofthe board at the time of approving the directors' report are listed on page 1. Having made enquiries of fellow directors and of the company's auditors, each of these directors confirms that: * to the best of each director's knowledge andbelief, there is no information (that is, information needed by the company's auditors in connection with preparing their report) of which the company's auditors are unaware; and * each director has taken all the steps a director might reasonably be expected to have taken to be aware of relevant audit information and to establish that the company's auditors are aware of that information. Reappointmentof auditors In accordance with section 485 of the Companies Act 2006, a resolution for the re-appointment of Ernst & Young LLPas auditors of the companyis to be proposedat the forthcoming Annual General Meeting. Approved by the Board on 2 December 2020 and signed onits behalf by: LA assed J W Sauer Director Page 3


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    Apache UK Limited Statement of Directors' Responsibilities The directors acknowledgetheir responsibilities for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 101 'Reduced Disclosure Framework! (FRS 101"). Under company law the directors must not approvethe financial statements unless they are satisfied that they give a true and fair view ofthe state of affairs of the company andoftheprofit or loss of the companyfor that period. In preparing these financial statements,the directors are requiredto: « select suitable accounting policies and apply them consistently; e make judgements and accounting estimates that are reasonable and prudent; * state whether applicable United Kingdom accounting standards have been followed, subject to any material departures disclosed and explainedin the financial statements; and e prepare the financial statements on the going concern basis unless they consider that to be inappropriate. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 4


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    Apache UK Limited Independent Auditor's Report to the Members of Apache UK Limited Opinion We have audited the financial statements of Apache UK Limited (the 'company') for the year ended 31 December 2019, which comprise the Income Statement, Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity, and the related notes 1 to 8, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including FRS 101 'Reduced Disclosure Framework' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: * give a true and fair view ofthe state of the company's affairs as at 31 December 2019 andofits profit for the year then ended; e have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and + have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Webelieve that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern Wehave nothing to report in respect of the following matters in relation to which the ISAs (UK)require usto report to you where: * the directors’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or * the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a periodofat least twelve months from the date whenthe financial statements are authorised for issue. Otherinformation The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, exceptto the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. Wehavenothingto report in this regard. Page 5


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    Apache UK Limited Independent Auditor's Report to the Members of Apache UK Limited Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: e the information given in the Strategic Report and Directors’ Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and e the Strategic Report and Directors’ Report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the company andits environment obtained in the course of the audit, we have notidentified material misstatements in the Strategic Report and the Directors' Report. Wehave nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: * adequate accounting records have not been kept, or returns adequate for our audit have not been received from branchesnotvisited by us; or » the financial statements are not in agreement with the accounting records and returns; or + certain disclosures of directors’ remuneration specified by law are not made; or « we havenotreceived all the information and explanations we require for ouraudit. Responsibilities of directors As explained more fully in the Statement of Directors’ Responsibilities (set out on page 4), the directors are responsible for the preparation ofthe financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor’s responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK)will always detect a material misstatement whenit exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economicdecisions of users taken on thebasis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. Page 6


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    Apache UKLimited Independent Auditor's Report to the Members of Apache UK Limited Use of our report This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s membersas a body,for our audit work, for this report, or for the opinions we have formed. Emst & Yoru ue Jamie Dixon (Senior Statutory Auditor) For and on behalf of Ernst & Young LLP, Statutory Auditor Aberdeen Date: 4 December 2020 Page 7


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    Apache UK Limited Income Statement for the Year Ended 31 December 2019 2019 2018 Note A$ 000 AS 000 Operating result 4 - - Finance income 5 1 1 Profit before tax 1 1 Profit for the year 1 1 The aboveresults were derived from continuing operations. Thenotes on pages 12 to 15 form an integral part of these financial statements. Page 8


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    Apache UK Limited Statement of Comprehensive Incomefor the Year Ended 31 December 2019 2019 2018 A$ 000 A$ 000 Profit for the year 1 1 Total comprehensive income forthe year 1 1 The notes on pages 12 to 15 form an integral part of these financial statements. Page 9


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    Apache UK Limited (Registration number: 2586435) Statement of Financial Position as at 31 December 2019 2019 2018 Note A$ 000 A$ 000 Currentassets Duefrom related party 79 78 Netassets 79 78 Capital and reserves Retained earnings 79 78 Total shareholders’ funds 79 78 Approvedby the Board on 2 December 2020 andsignedonits behalf by: J W Sauer Director The notes on pages 12 to 15 form anintegral part of these financial statements. Page 10


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    Apache UK Limited Statement of Changes in Equity for the Year Ended 31 December 2019 Retained earnings Total A$ 000 AS 000 At 1 January 2019 78 78 Profit for the year 1 Total comprehensive income 1 At 31 December 2019 79 79 Retained earnings Total A$ 000 A$ 000 At 1 January 2018 77 77 Profit for the year 1 1 Total comprehensive income At 31 December 2018 78 78 The notes on pages 12 to 15 form an integral part of these financial statements. Page 11


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    Apache UK Limited Notes to the Financial Statements for the Year Ended 31 December 2019 1 General information The company is a private company limited by share capital, incorporated and domiciled in the United Kingdom. These financial statements were authorised forissue by the Board on 2 December 2020. 2 Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Basis of preparation The financial statements of the company have been prepared in accordance with United Kingdom Accounting Standards — in particular Financial Reporting Standard (“FRS”) 101 and the Companies Act 2006 (“the Act”). FRS 101 sets out a reduced disclosure framework for a “qualifying entity”, as defined in the Standards, which addresses the financial reporting requirements and disclosure exemptions in the individual financial statements of qualifying entities that otherwise apply the recognition, measurement and disclosure requirements of EU- adopted International Financial Reporting Standards (“IFRS”). The companyis a qualifying entity for the purposes of FRS 101. Note 8 gives details of the company’s ultimate parent and from where consolidated financial statements within which the company is included may be obtained. The accounts have been prepared in Australian dollars as the directors consider this to be the company’s functional currency. The rate of exchange used for 31 December 2019 is A$1:GBP 0.5284 (2018 — A$1:GBP 0.5534). Summary ofdisclosure exemptions The companyhas taken advantageofthe following disclosure exemptions under FRS 101: (a) the requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative information in respectof: (i) paragraph 79 (a) (iv); (b) the requirement of paragraphs 10 (d), 10 (f), 16, 38A, 38B - 38D, 111 and 134 - 136 of IAS 1; (c) the requirements of paragraphs 91 — 99 of IFRS 13 Fair Value Measurement; (d) the requirements of IAS 7 Statement of Cash Flows; (e) the requirement of paragraph 17 and 18A of IAS 24 Related Party Disclosures; (f) the requirement in IAS 24 to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member; (g) the requirement of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors; and (h) the requirements of IFRS 7 Financial Instruments: Disclosures The notes on pages 12 to 15 form an integral part of these financial statements. Page 12


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    Apache UK Limited Notes to the Financial Statements for the Year Ended 31 December 2019 Going concern The company's business activities, together with the factors likely to affect its future development and performance, are set out in the Strategic Report. It is the directors' intention that the company will become dormantin the future, however another group companyhasprovided the company with an undertaking that for at least a year from the date ofthese financial statements, it will continue to make such funds as are needed by the companyto allowit to meet its liabilities as required. Accordingly, the Directors continue to adopt the going concern basis in preparing the annual report and financial statements. Basis of consolidation As a wholly owned subsidiary of Apache Corporation, the company has taken exemption from the requirement to prepare consolidated financial statements in accordance with Companies Act 2006 section 401. Finance income Intercompany interest income is recognised on the basis of the effective interest method and is included in the Income Statement. Foreign currency transactions and balances Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency ofthe entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the initial transaction dates. Non-monetary items measuredin terms ofhistorical cost in a foreign currency are notretranslated. Tax Tax is recognised in the Income Statement, except that a change attributable to an item of income or expense recognised as other comprehensive incomeis also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted bythe reporting date. Receivables Receivables are recognised initially at the transaction price. A provision for the impairment of receivables is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. The accounting policy on Financial Intruments contains details of impairment of receivables. Sharecapital Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of moneyis material, the initial measurementis on a present value basis. The notes on pages 12 to 15 form an integral part of these financial statements. Page 13


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    Apache UK Limited Notes to the Financial Statements for the Year Ended 31 December 2019 Financial instruments Initial recognition The company recognises financial assets in the Statement of Financial Position when, and only when, the company becomesparty to the contractualprovisions ofthe financial instrument. Financial assets areinitially recognised at fair value. After initial recognition, financial assets are measured at amortised cost, fair value through Other Comprehensive Incomeorfair value through the Income Statement. Classification The company's financial assets consist of a loan and balances receivable from another group company. Derecognition Financialassets The company derecognises a financial asset when the contractual rights to the cash flows from the financial asset expire or the companytransfers these rights or the company doesnotretain controlofthe financial asset. Impairmentoffinancial assets MeasurementofExpected Credit Losses Impairment is based on an expected credit loss model. Under the expected credit loss model an allowance for losses is calculated based on a 12-month expected credit loss or lifetime expected credit loss. The company has chosen to make allowance for expected losses on lifetime basis. For the current accounting period the financial assets are not impaired. 3 Critical accounting judgements and key sourcesof estimation uncertainty Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The company makes estimates and assumptions concerning the future however the actual results may differ from those estimates. The key source of estimation for the companyrelates to the receivable due from another group companyandif any expected credit losses should be recognised. 4 Operating result Audit remuneration fees are borne by an Apache group undertaking. None ofthe directors received any fees or remuneration for services as directors of the company during the financial year. All directors’ contracts of employment are held with another group company. The directors also hold office in other group undertakings. Emoluments paid to directors by other group companies are disclosed within their financial statements. The company has no employees. The notes on pages 12 to 15 form an integralpart of these financial statements. Page 14


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    Apache UK Limited Notes to the Financial Statements for the Year Ended 31 December 2019 5 Finance income 2019 2018 AS 000 A$ 000 Other finance income 1 1 6 Income tax Tax charged/(credited) in the income statementisnil. The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2018 - lower than the standard rate of corporation tax in the UK) of 19% (2018 - 19%). The differences are reconciled below: 2019 2018 A$ 000 A$ 000 Profit before tax 1 1 Corporation tax at standard rate - = Total tax charge/(credit) = - 7 Share capital Allotted, called up and fully paid shares 31 December 31 December 2019 2018 No. A$ No. AS Ordinary shares of $1 each 1 1 1 1 8 Parent and ultimate parent undertaking The company's immediate parent is Apache Corporation. The ultimate parent is Apache Corporation. The name of the parent of the group in whose consolidated financial statements the Company's financial statements are consolidated is Apache Corporation. The most senior parent entity producing publicly available financial statements is Apache Corporation. These financial statements are available upon request from One Post Oak Central, 2000 Post Oak Boulevard, Suite 100, Houston, Texas - 77056-4400, USA The ultimate controlling party is Apache Corporation. The notes on pages 12 to 15 form an integral part of these financial statements. Page 15


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