HOUSTON, Sept. 21 /PRNewswire-FirstCall/ -- Newfield Exploration Company's (NYSE: NFX) Board of Directors today named David A. Trice to the additional role of Chairman of the Board. The announcement was made by Newfield's founder and outgoing Chairman, Joe B. Foster, at the John S. Herold Energy Conference in Greenwich, CT. Effective immediately, Trice will add the additional responsibilities of Chairman to his current position as President and Chief Executive Officer.
"As President and CEO, David has done an excellent job of leading Newfield over the last four years. During this time, Newfield has successfully diversified its asset base and added new focus areas that provide a platform for future, profitable growth. This is recognition and responsibility that David has truly earned, and I am very proud for him and for Newfield," said Foster.
Trice was named President and CEO and elected to Newfield's Board of Directors in February 2000. Prior to that time, he was President and COO from May 1999 through February 2000 and Vice President Finance & International from May 1997 though May 1999. Prior to rejoining the Company, he served as President, CEO and a Director of Huffco Group, Inc. from 1991 through May 1997. As one of the founders of Newfield, Trice served as Vice President, Chief Financial Officer and a Director from 1989-91. From 1980-89 he served as an officer of several companies owned by Roy M. Huffington, Inc., and from 1973-80 he was an attorney with an Atlanta law firm. Trice is currently serving on the Boards of Directors of Hornbeck Offshore Services, Inc., Grant Prideco, Inc. and New Jersey Resources. Trice received a J.D. from Columbia University's School of Law and a B.A. in Managerial Science from Duke University.
Newfield Exploration Company is an independent crude oil and natural gas exploration and production company. The Company relies on a proven growth strategy that includes balancing acquisitions with drill bit opportunities. Newfield's areas of operation include the Gulf of Mexico, the U.S. onshore Gulf Coast, the Anadarko and Arkoma Basins, the Uinta Basin of the Rocky Mountains, offshore Malaysia and other select international ventures.
Newfield Exploration Company For information, contact: 363 N. Sam Houston Parkway East, Ste. 2020 Steve Campbell Houston, TX 77060 (281) 847-6081 http://www.newfld.com firstname.lastname@example.org
SOURCE Newfield Exploration Company -0- 09/21/2004 /CONTACT: Steve Campbell of Newfield Exploration Company, +1-281-847-6081, or email@example.com / /Web site: http://www.newfld.com / (NFX) CO: Newfield Exploration Company ST: Texas, Connecticut IN: OIL SU: PER TDS JS-CD -- DATU022 -- 0109 09/21/2004 13:30 EDT http://www.prnewswire.com