EXHIBIT 99.2
NOTICE OF GUARANTEED DELIVERY
WITH RESPECT TO
4.375% NOTES DUE 2015
OF
APACHE FINANCE CANADA CORPORATION,
FULLY AND UNCONDITIONALLY GUARANTEED BY
APACHE CORPORATION,
PURSUANT TO THE PROSPECTUS DATED , 2004
This Notice of Guaranteed Delivery, or one substantially equivalent hereto,
must be used by any holder of 4.375% Notes due 2015 (the "Outstanding Notes") of
Apache Finance Canada Corporation, an unlimited liability company organized
under the laws of the Province of Nova Scotia, Canada (the "Company"), who
wishes to tender Outstanding Notes pursuant to the Exchange Offer, as such term
is defined in the Prospectus dated , 2004 (as the same may be amended
or supplemented from time to time, the "Prospectus") and (i) whose Outstanding
Notes are not immediately available, (ii) for whom time will not permit such
Outstanding Notes, Letter of Transmittal or other required documents to reach
the Exchange Agent prior to 5:00 P.M., New York City time, on the Expiration
Date (as defined in the Prospectus), or (iii) who cannot complete the procedures
for book-entry transfer on a timely basis. This Notice of Guaranteed Delivery
may be delivered by facsimile transmission, registered or certified mail,
overnight courier or hand delivery to the Exchange Agent. See "The Exchange
Offer -- Guaranteed Delivery Procedures" in the Prospectus. Capitalized terms
used but not defined herein have the meaning ascribed to them in the Prospectus
or the Letter of Transmittal.
Delivery to:
JPMORGAN CHASE BANK,
as Exchange Agent
<Table>
By Mail: By Hand or by Overnight By Facsimile:
(Registered or Certified Mail Courier: (For Eligible Institutions
is recommended) ITS Bond Events only)
ITS Bond Events 2001 Bryan Street, 9th Floor ITS Bond Events
P.O. Box 2320 Dallas, TX 75201 Facsimile No.:
Dallas, TX 75221 Attention: Frank Ivins (214) 468-6494
Attention: Frank Ivins Attention: Frank Ivins
To confirm facsimile:
(214) 468-6464
Telephone Inquiries:
(800) 275-2048
</Table>
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS
SET FORTH ABOVE OR TRANSMISSION OF THIS NOTICE OF GUARANTEED DELIVERY VIA
FACSIMILE TO A NUMBER OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID
DELIVERY.
Ladies and Gentlemen:
The undersigned hereby tenders to the Company upon the terms and subject to
the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Outstanding Notes specified below pursuant to the guaranteed delivery procedures
set forth under the caption "The Exchange Offer -- Guaranteed Delivery
Procedures' in the Prospectus. By so tendering, the undersigned hereby makes at
and as of the date hereof, the representations and warranties of a tendering
holder of Outstanding Notes set forth in the Letter of Transmittal. The
undersigned hereby tenders the Outstanding Notes listed below:
<Table>
CERTIFICATE NUMBERS PRINCIPAL AMOUNT TENDERED
(IF AVAILABLE) ------------------------------------
- ------------------------------------
- ------------------------------------ ------------------------------------
- ------------------------------------ ------------------------------------
- ------------------------------------ ------------------------------------
- ------------------------------------ ------------------------------------
</Table>
All authority herein conferred or agreed to be conferred shall survive the
death, incapacity, or dissolution of the undersigned and any obligation of the
undersigned hereunder shall be binding upon the heirs, personal representatives,
successors and assigns of the undersigned.
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HOLDER(S) SIGN HERE
Must be signed by the registered holder(s) of Outstanding Notes exactly as
name(s) appear(s) on certificate(s) for the Outstanding Notes tendered hereby or
on a security position listing or by person(s) authorized to become the
registered holder(s) by endorsements and documents transmitted herewith. If
signature is by trustees, executors, administrators, guardians,
attorneys-in-fact, officers of corporations or others acting in a fiduciary or
representative capacity, please set forth the signer's full title.
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(SIGNATURE(S) OF HOLDER(S))
Date: ------------------------------ , 2004
If Outstanding Notes will be tendered by book-entry transfer:
Name of Tendering Institution:
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The Depository Trust Company Account Number:
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Name(s):
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(PLEASE PRINT)
Capacity (Full Title):
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Address:
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(INCLUDE ZIP CODE)
Area Code and Telephone Number(s): ( )
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Tax Identification or Social Security Number(s):
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GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, an Eligible Institution, guarantees deposit with the
Exchange Agent of the Letter of Transmittal (or facsimile thereof or Agent's
Message in lieu thereof), together with the Outstanding Notes tendered hereby in
proper form for transfer, or confirmation of the book-entry transfer of such
Outstanding Notes into the Exchange Agent's account at The Depository Trust
Company, pursuant to the procedure for book-entry transfer set forth in the
Prospectus, and any other required documents, all by 5:00 p.m., New York City
time, on the third New York Stock Exchange trading day following the date of
execution of this Notice of Guaranteed Delivery.
The undersigned acknowledges that it must deliver the Outstanding Notes
tendered hereby and the documents and confirmations referred to in the preceding
paragraph to the Exchange Agent within the time period set forth above and that
failure to do so could result in a financial loss to the undersigned.
SIGN HERE
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Name of Firm
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Authorized Signature
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Title
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Name
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(PLEASE PRINT)
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Address
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Zip Code
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Area Code and Telephone No.
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Date: ------------------------------ , 2004
DO NOT SEND CERTIFICATE FOR OUTSTANDING NOTES WITH THIS FORM. ACTUAL SURRENDER
OF CERTIFICATES FOR OUTSTANDING NOTES MUST BE MADE PURSUANT TO, AND BE
ACCOMPANIED BY, A COPY OF THE EXECUTED LETTER OF TRANSMITTAL OR FACSIMILE
THEREOF.
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