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Newfield Exploration Company Announces Fourth Quarter / Full-Year 2002
Conference Call

HOUSTON, Jan. 24 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) has scheduled its fourth quarter / full-year earnings conference call for 8:30 a.m. (CST), Thursday, February 13, 2003. Earnings results will be released prior to the call. To participate in the conference call, please dial (719) 457-2621 about 10 minutes prior to the scheduled start time. In addition, a listen-only broadcast of the call will also be provided over the internet at http://www.newfld.com , under Investor Relations. Please go to the web site at least 10 minutes prior to the call to register, download and install any necessary audio software.

If you are not able to participate in the conference call, an audio replay will be available through February 20, 2003 by dialing (719) 457-0820 and entering conference code 491171. A replay over the web at the above address will be available shortly after the call and will remain on the site for 90 days.

Newfield Exploration is an independent crude oil and natural gas exploration and production company. The Company has a solid asset base of producing properties and exploration and development drilling opportunities and operations, which include the Gulf of Mexico, U.S. Onshore Gulf Coast, the Anadarko and Permian Basins, offshore Australia and China's Bohai Bay. Newfield balances its drilling program with acquisitions in select areas in the U.S. and overseas.

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com .)

CONTACT: Steve Campbell

281-847-6081

info@newfld.com

SOURCE Newfield Exploration Company

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