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Newfield Exploration Company Announces Third Quarter 2002 Earnings Conference Call

HOUSTON, Oct. 16 -- Newfield Exploration Company (NYSE: NFX) has scheduled its third quarter earnings conference call for 10 a.m. (CST), Thursday, October 31, 2002. Earnings results will be released prior to the call. To participate in the conference call, please dial (719) 457-2633 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 early 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 November 6, 2002 by dialing (719) 457-0820 and enter conference code 770509. 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.

    CONTACT:  Steve Campbell
              281-847-6081
              info@newfld.com

                

Source: Newfield Exploration Company

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