News Releases

DateTitle 
12/03/07Newfield Provides Update on Woodford Shale Development
Recent Extended Lateral Completions Significantly Improve Capital Efficiency HOUSTON, Dec. 3 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today provided an update on well results from recent extended lateral completions in its Woodford Shale Play, located in southeast Oklahoma's Arkoma Basin. The Patterson 3H-31 recently commenced production at 10.3 MMcfe/d. This well is producing from a 4,240' lateral with nine fracs and was drilled and completed for approxi... 
10/24/07Newfield Reports Third Quarter 2007 Financial and Operating Results
HOUSTON, Oct. 24 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today reported third quarter financial and operating results. Newfield will be hosting its third quarter results conference call at 8:30 a.m. (CDST) on October 25. To participate in the call dial 719-457-2680 or listen through the website at http://www.newfield.com. For the third quarter of 2007, Newfield reported net income of $83 million, or $0.64 per diluted share (all per share amounts are on a ... 
10/15/07David F. Schaible, Newfield President and COO, Dies at 46
HOUSTON, Oct. 15 /PRNewswire-FirstCall/ -- David F. Schaible, Newfield Exploration Company's (NYSE: NFX) President and Chief Operating Officer, died Saturday afternoon, October 13, after a brief battle with cancer. He was 46. "It is with heavy heart that we make this announcement," said David A. Trice, Newfield Chairman and Chief Executive Officer. "Our thoughts and prayers are with Dave's wife, Tina, and his four wonderful children. Dave positively influenced the lives of all thos... 
10/05/07Newfield Exploration Closes on Sale of North Sea Business
HOUSTON, Oct. 5 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today announced the closing on its previously announced sale of its interests in the U.K. North Sea to Centrica plc, the owner of British Gas, for $486.4 million. The sale included an 85% interest in the Grove Field, an 80% interest in the undeveloped Seven Seas discovery and an interest in approximately 200,000 net acres located in the Southern Gas Basin. Newfield's production guidance (issued ... 
09/25/07Newfield Exploration Updates Progress on Planned Asset Sales
Newfield closes on sale of coal bed methane assets, sells additional Mid-Cont. assets. Company continues to add to 2008 natural gas hedges. HOUSTON, Sept. 25 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today provided an update regarding its producing property sales. Year-to-date, Newfield has entered into transactions to sell or has closed on sales for aggregate proceeds of more than $1.8 billion. MID-CONTINENT: Newfield tod... 
09/17/07Newfield Exploration Company to Sell North Sea Business
HOUSTON, Sept. 17 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a purchase and sale agreement to sell all of its interests in the U.K. North Sea to Centrica plc, the owner of British Gas, for $486.4 million. The sale, which is subject to U.K. government approvals, is expected to close in the fourth quarter of 2007. This marks a complete exit by the Company from the North Sea. The sale includes an 85% interest in the Grove Field, a... 
09/12/07Newfield Provides Third Quarter 2007 Conference Call Information
HOUSTON, Sept. 12 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) will host its third quarter 2007 earnings conference call at 8:30 a.m. (CDT), Thursday, October 25, 2007. Earnings results will be released prior to the call. To participate in the conference call, please dial (719) 457-2680 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.newfield.com, under Inv... 
09/05/07Webcast Alert: NYSE Euronext Virtual Investor Forum - Energy
NEW YORK, Sep 05, 2007 (BUSINESS WIRE) -- Newfield Exploration Company (NYSE:NFX) announces the following Webcast: What: NYSE Euronext Virtual Investor Forum - Energy When: September 6, 2007 @ 10:30 A.M. Eastern Time Where: http://www.investorcalendar.com/ClientPage.asp?ID=119978 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Nuangnit (Amy) Ciscool, (212)656-6051, naciscool@nyse.com If you are unable to participate during the live webcast... 
08/14/07Newfield Exploration Company Signs Two Additional Production Sharing Contracts Offshore China
HOUSTON, Aug 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Newfield Exploration Company (NYSE: NFX) today announced the signing of two new Production Sharing Contracts (PSCs) in the South China Sea. Newfield now has three PSCs that cover more than 14,200 square kilometers (approximately 3.5 million acres). The China National Offshore Oil Corporation (CNOOC) has the option to participate in any development with a 51% interest. In December 2005, Newfield became active in the reg... 
08/06/07Newfield Exploration Company Closes on Sale of Gulf of Mexico Shelf Assets
HOUSTON, Aug. 6 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today announced the closing on its previously announced sale of its Gulf of Mexico shelf assets to McMoRan Exploration Co. (NYSE: MMR) for total cash consideration of $1.1 billion and the assumption of liabilities associated with future abandonment of wells and platforms. Newfield utilized Internal Revenue Code Section 1031 Tax Deferred Exchange rules for the sale of its Gulf of Mexico shelf assets a... 
08/03/07Newfield Exploration Company to Sell Assets in Oklahoma's Cherokee Basin for $128 Million
Newfield adds additional natural gas hedges for 2008 HOUSTON, Aug. 3 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a purchase and sale agreement to sell all of its coal bed methane assets in the Cherokee Basin of northeastern Oklahoma to Constellation Energy Partners (NYSE: CEP) for $128 million. The sale is expected to close in the third quarter of 2007. Current net production is approximately 10 MMcf/d. The transact... 
07/30/07Newfield Exploration Announces Executive Promotions
HOUSTON, July 30, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- In conjunction with Newfield Exploration Company's (NYSE: NFX) recent Board of Directors meeting, several executive promotions were approved. David F. Schaible, 46, was named President and Chief Operating Officer effective as of August 1, 2007 and will continue to serve on the Company's Board of Directors. Schaible was one of the founders that joined Joe B. Foster in 1989 when the Company began operation. He has held ... 
07/25/07Newfield Reports Second Quarter 2007 Financial and Operating Results Company Updates Production Guidance
HOUSTON, July 25 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today reported second quarter financial and operating results along with updated production guidance for 2007 and 2008. Newfield will be hosting its second quarter results conference call at 8:30 a.m. (CDST) on July 26. To participate in the call dial 719-457-2617 or listen through the website at http://www.newfield.com. For the second quarter of 2007, Newfield reported net income of $150 million... 
06/29/07Newfield Exploration Completes Acquisition of Stone Energy's Rocky Mountain Assets
HOUSTON, June 29, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Newfield Exploration Company (NYSE: NFX) today announced the closing of its previously announced acquisition of Stone Energy's Rocky Mountain assets for $577.9 million. These assets increase Newfield's existing presence and provide an entry into large developments in many of the Rocky Mountain's most attractive areas. The acquisition was financed through borrowings under Newfield's revolving credit agreement but will ... 
06/21/07Newfield Exploration Company Sells Shallow Water Gulf of Mexico Portfolio
HOUSTON, June 21, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a purchase and sale agreement to sell all of its producing properties in the shallow water Gulf of Mexico to McMoRan Exploration Co. (NYSE: MMR) for a total cash consideration of $1.1 billion and the assumption of liabilities associated with future abandonment of wells and platforms. The sale is expected to close in July 2007, subject to customary... 
05/25/07Newfield Provides Second Quarter 2007 Conference Call Information
HOUSTON, May 25 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) will host its second quarter 2007 earnings conference call at 8:30 a.m. (CDT), Thursday, July 26, 2007. Earnings results will be released prior to the call. To participate in the conference call, please dial (719) 457-2617 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.newfield.com, under Investo... 
05/14/07Newfield Exploration to Acquire Rocky Mountain Assets
Significant asset divestiture program underway HOUSTON, May 14 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today announced that it has signed an agreement to acquire the Rocky Mountain assets of Stone Energy for $575 million. The assets expand Newfield's existing presence in the Uinta Basin and provide an entry into large developments in many of the Rocky Mountain's most active areas. This acquisition will add nearly 600,000 net acres. Upon... 
04/25/07Newfield Reports First Quarter 2007 Financial and Operating Results
Company Issues Full-Year 2007 Production Guidance HOUSTON, April 25 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today reported first quarter financial and operating results along with its expected range of production for 2007. Newfield will be hosting its first quarter results conference call at 8:30 a.m. (CDST), April 26. To participate in the call dial 719-457-2625 or listen through the website at http://www.newfield.com . For the first quart... 
03/13/07Newfield Provides First Quarter 2007 Conference Call Information
HOUSTON, March 13 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) will host its first quarter 2007 earnings conference call at 8:30 a.m. (CDT), Thursday, April 26, 2007. Earnings results will be released prior to the call. To participate in the conference call, please dial (719) 457-2625 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.newfield.com, under Inves... 
02/07/07Newfield Exploration Reports Fourth Quarter and Full-Year 2006 Results
HOUSTON, Feb. 7 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) today announced financial and operating results for the fourth quarter and full-year 2006. A conference call to discuss the results is planned for 8:30 a.m. (CST), Thursday, February 8. To participate in the call, dial 719-457-2625. A listen-only broadcast also will be provided over the Internet. Simply go to the Investor Relations section at http://www.newfield.com . Today, Newfield's Board of Dire... 
02/06/07Newfield Provides Fourth Quarter / Full Year 2006 Conference Call Information
HOUSTON, Dec. 14 /PRNewswire-FirstCall/ -- Newfield Exploration Company (NYSE: NFX) will host its fourth quarter / full year 2006 earnings conference call at 8:30 a.m. (CST), Thursday, February 8, 2007. Earnings results will be released prior to the call. To participate in the conference call, please dial (719) 457-2625 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.newfield.co... 
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