| Delaware | 1-12534 | 72-1133047 |
| (State or other jurisdiction | (Commission File Number) | I.R.S. Employer |
| of incorporation) | Identification No.) |
| 363 N. Sam Houston Parkway E., Suite 2020 | |
| Houston, Texas | 77060 |
| (Address of principal executive offices) | (Zip Code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On September 13, 2004, Newfield issued a press release announcing it had shut-in approximately 75 million cubic feet equivalent per day (MMcfe/d) of net Company-operated production in the Gulf of Mexico in response to Hurricane Ivan. This represents nearly 25% of Newfield’s current net offshore production, which is approximately 340 MMcfe/d. A copy of the press release is filed herewith as Exhibit 99.1.
| (c) | Exhibits | |
| 99.1 | Press release issued by Newfield Exploration Company on September 13, 2004. |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| NEWFIELD EXPLORATION COMPANY |
| Date: September 15, 2004 | By: | /s/ TERRY W. RATHERT |
| ------------------------------------------------------------------ | ||
| Terry W. Rathert | ||
| Vice President and Chief Financial Officer |
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| Exhibit No. | Description |
| 99.1 | Press release issued by Newfield Exploration Company on September 13, 2004. |
| Exhibit 99.1 |
FOR IMMEDIATE RELEASE
Houston – (September 13, 2004) – Newfield Exploration Company (NYSE:NFX) today announced it had shut-in approximately 75 million cubic feet equivalent per day (MMcfe/d) of net Company-operated production in the Gulf of Mexico in response to Hurricane Ivan. This represents nearly 25% of Newfield’s current net offshore production, which is approximately 340 MMcfe/d.
With Hurricane Ivan entering the Gulf of Mexico, Newfield began evacuating non-essential personnel on Sunday, September 12. By the end of today, 53 non-essential personnel and 31 essential personnel are expected to have been evacuated. Drilling operations have been suspended on two operated jack-up rigs operating in the eastern Gulf.
Newfield will make determinations on additional shut-ins as Ivan’s progress is monitored over the next 24 hours. Newfield operates more than 160 platforms in the Gulf of Mexico and controls about 250 lease blocks.
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 | info@newfld.com | |
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