Newfield Exploration Co. (NFX)

[IndyHoosiers]

NFX should be surging right now...shocked it is not...

[millionaireonpaper]

We got a nice pop today. Still very much undervalued.

[nicholast]

Wow, this board is quiet...

Any input on the new reports?. Thanks.

[$treet $inatra]

should see a bounce here yes

[jdlamont]

Currently trading at HALF of the price when it was given a "buy" rating 15 months ago. This is a steal at 23 bucks.

[$treet $inatra]

Testing support @ $20?

[ValueInvestor15]

Citigroup upgraded NFX to Buy. Valuation models also show nice upside:

Upside Analysis

[Timothy Smith]

Newfield Exploration (NFX +1.4%) is upgraded to Buy from Hold with a $48 price target at Stifel, which believes further successful delineation of the STACK and SCOOP holds the potential to unlock significant value and act as a key catalyst for the shares.

[Timothy Smith]

Newfield Exploration has issued 10-year 5.375% $700 million notes due 2026 and retired a commensurate amount of 6.875% notes due 2020. The company now has $2.9 billion of total debt with no maturity until 2022.

Further, Newfield Exploration has raised $815 million by selling equity and paid off its previous credit facility. The company has now increased its revolver by $400 million to $1.8 billion while its term has been extended by 2 years to 2020.

The company's pro forma liquidity now stands at $2.1 billion, with nothing drawn on the revolver credit facility. The company can generate nearly $700 million in annual cash flows, even if the cash flows drop by 50% from last year due to lower commodity prices.

With revamped liquidity and cash flows, Newfield Exploration clearly has ample resources to cover the $1.2 billion capital budget for 2015.

[stocktrademan]

Newfield Exploration Company [$NFX] due diligence

bullish

$NFX

DD Notes ~ http://www.ddnotesmaker.com/NFX

##### recent news/filings ~ source: finance.yahoo.com

Tue, 24 Jun 2014 05:31:00 GMT ~ Newfield Exploration: 3 Different Insiders Have Sold Shares During The Last 30 Days
read full: http://seekingalpha.com/article/2282913-newfield-exploration-3-different-insiders-have-sold-shares-during-the-last-30-days?source=yahoo
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Thu, 19 Jun 2014 21:45:00 GMT ~ [video] Options Action: Traders bet on Newfield rally
read full: http://video.cnbc.com/gallery/?video=3000285875&__source=yahoo%7cheadline%7cquote%7cvideo%7c&par=yahoo
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Tue, 17 Jun 2014 15:03:17 GMT ~ Why Are Penn Virginia's Shares Sliding?
read full: http://www.fool.com/investing/general/2014/06/17/why-are-penn-virginias-shares-sliding.aspx?source=eogyholnk0000001
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Mon, 16 Jun 2014 17:11:21 GMT ~ Crude oil heading to $150: Fund manager
read full: http://www.cnbc.com/id/101763093?__source=yahoo%257cfinance%257cheadline%257cheadline%257cstory&par=yahoo&doc=101763093%257cCrude+oil+heading+to+$150
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Mon, 16 Jun 2014 13:50:47 GMT ~ Will Newfield Exploration (NFX) Continue to Surge Higher?
read full: http://finance.yahoo.com/news/newfield-exploration-nfx-continue-surge-135047448.html
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##### chart ~ source: stockcharts.com



##### chart ~ source: eoddata.com



##### company info ~ source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/NFX/company-info
Ticker: $NFX
OTC Market Place: Not Available
CIK code: 0000912750
Company name: Newfield Exploration Company
Incorporated In: DE, USA

##### extra dd links

Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000912750&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/NFX/filings
Latest financials: http://www.otcmarkets.com/stock/NFX/financials
Latest news: http://www.otcmarkets.com/stock/NFX/news - http://finance.yahoo.com/q/h?s=NFX+Headlines

Major holdings: http://data.cnbc.com/quotes/NFX/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=NFX+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/NFX.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=NFX

RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=NFX&search=search

DTCC: http://search2.dtcc.com/?q=Newfield+Exploration+Company&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Newfield+Exploration+Company
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Newfield+Exploration+Company&x=0&y=0

Short Sales: http://www.otcmarkets.com/stock/NFX/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/NFX/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/NFX/research
Historical Prices: http://finance.yahoo.com/q/hp?s=NFX+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=NFX+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=NFX+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=NFX+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=NFX+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=NFX+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=NFX
Balance Sheet: http://finance.yahoo.com/q/bs?s=NFX
Cash Flow: http://finance.yahoo.com/q/cf?s=NFX+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/NFX
Bloomberg: http://www.bloomberg.com/quote/NFX:US
Morningstar: http://quotes.morningstar.com/stock/s?t=NFX
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=NFX
Barchart: http://www.barchart.com/quotes/stocks/NFX
OTC Short Report: http://otcshortreport.com/index.php?index=NFX
Investopedia: http://www.investopedia.com/markets/stocks/NFX/?wa=0

http://www.pennystocktweets.com/stocks/profile/NFX

##### last known share structure ~ source: otcmarkets.com

Market Value: $5,952,624,222 a/o Jun 26, 2014
Shares Outstanding: 136,340,454 a/o Apr 28, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01

##### business description ~ source: otcmarkets.com



DD Notes ~ http://www.ddnotesmaker.com/NFX
xlsc

[Sulphur Mt.]

NFX, twelve days and a breakout later, and that target gets closer.

[anonymousness]

Just happened by to see if anyone is here.
December of 13 last post, and the BEST TIME TO BUY NFX $23-$25
was then.
$34.75 coming

[Timothy Smith]

The Anadarko Basin will be the single-largest investment region for Newfield Exploration in 2014. The coming year’s capex of $1.6 billion is essentially flat with the prior year, but investment in the Anadarko Basin almost doubled. Newfield allocated $360 million to the area in its 2013 spending plan but ramped it up to $700 million for 2014, amounting to 44% of total spend from last year’s 25%.

[TxAgTailgater]

Collar option strategy would be good right about here.

I'm bullish on this, but it can go lower.

[TxAgTailgater]

Broke through first support level. Lets see if it holds $23

[TxAgTailgater]

Good stock to hedge heavy on.

Picked up a large share in the $23 range and have puts for April 20 $22.

[catdaddyrt]

Ouch!!! -10.59% edit -12.6%

[Timothy Smith]

$NFX reasons to buy in my opinion:

>It just successfully disposed of $565mm of non-strategic assets in the Gulf of Mexico to W&T Offshore (WTI).

>Natural gas prices are up some 50% off their lows earlier the year and this should start to show up in the company's bottom line.

>It continues to execute well against a plan to move production from 30% oils & liquids in FY2010 to 48% by the end of FY2012.

>The stock is selling at the bottom of its five year valuation range based on P/B, P/E, P/S and P/CF.

>The twenty analysts that cover the stock have a median price target of $42.25, some 40% above the current stock price.

>Analysts also expect between 7% and 12% revenue growth for FY2012 and FY2013 and the stock has a five year projected PEG of under 1 (.80).

>The stock is cheap at just 96% of book value and three times operating cash flow.

[catdaddyrt]

2nd QTR production was 49% liquid - my friend is drilling gas wells for NFX--they are producing more oil in some regions


Company raises full-year 2012 production guidance; oil/liquids volumes now expected to increase nearly 30% over prior year



http://www.newfield.com/assets/pdf/2Q12%20Ops%20Presentation.pdf



I stand corrected they are shifting into oil but my friend is still drilling for gas and has the last 15yrs for NFX
I think he is in the eagle Ford shale area in south Texas

http://eaglefordshale.com/drilling-rig-count/





Our shift to oil, which began in 2009, continues as more than half of our expected production in the second half of 2012 will be oil/liquids. For 2012, we expect our oil/liquids production will increase nearly 30% over 2011 levels. Our liquids production today is largely 'black oil'. With the strength of our performance year-to-date, we are again revising our full-year 2012 production expectations higher. Our focus today is clear: grow oil production, grow cash flow and position our Company for strong performance in 2013."

Newfield's oil and liquids liftings in the second quarter of 2012 were 6.1 MMBbls (67,000 BOPD) and comprised 49% of total Company production. Approximately 4% of Newfield's second quarter production was NGLs. Second quarter 2012 oil/liquids volumes were 40% higher than in the comparable period of 2011. Natural gas production in the second quarter of 2012 was approximately 40 Bcf, or an average of approximately 440 MMcf/d. On an equivalent basis, Newfield's production in the second quarter of 2012 was 76.4 Bcfe.

For the second time this year, Newfield raised its 2012 expectations for total Company production to 296 – 304 Bcfe (previous guidance was 292 – 302 Bcfe). With increasing activities planned in key oil regions in late 2012 and ongoing leasing in the Cana Woodford, Newfield expects that its capital investments in 2012 will approximate $1.7 billion, or the "upper end" of its original guidance range of $1.5 – $1.7 billion.

[Timothy Smith]

7 reasons NFX has significant upside from $31 a share:

Even though the company missed earnings this quarter on both the top and the bottom lines, it guided production estimates up. It is also a leading player in the rapidly expanding Utica Shale.

The company is selling at the bottom of its five year valuation range based on P/E, P/B, P/S and P/CF.

After falling for months, consensus estimates for both FY2012 and FY2013 have stabilized in the last week or so.

The stock is cheap at just 10 times forward earnings and has a five year projected PEG of under 1 (.76).

Oil and Gas Liquid production grew 40% Y/Y in the second quarter and now represents around 50% of total production.

The stock looks like it finally hit a long term bottom and recently turned up.

And my favorite reason....

NFX is selling at just 95% of book value and is selling at under 3 times FY2011's operating cash flow. The stock's median price target is $42 from the 20 analysts that cover the stock.

[Timothy Smith]

Newfield Exploration Issues Mid-Year Operational Update

-- Company raises full-year 2012 production guidance; oil/liquids volumes now expected to increase nearly 30% over prior year

Jul 19, 2012 8:03:00 AM
THE WOODLANDS, Texas, July 19, 2012 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) today issued its mid-year operational update, highlighting recent positive results from key assessment plays in the Company's portfolio of assets. In addition, Newfield placed an updated slide deck on its website. The updates were provided in advance of second quarter earnings, planned for release after market close on July 24, 2012. A conference call will be held at 7:30 a.m. CDT on July 25, 2012. To participate in the call, dial 719-457-2087 or listen through the investor relations section of the Company's website at http://www.newfield.com.

"We have seen solid assessment results year-to-date in our key domestic operating areas," said Lee K. Boothby, Newfield Chairman, President and CEO. "Our 2012 plan called for the early and rapid assessment of new plays in the Uinta's Central Basin, the Cana Woodford in the Anadarko Basin of Oklahoma and super extended laterals (SXLs) in the Maverick Basin Eagle Ford. We are seeing very encouraging results in each area today and feel confident that the economics of these plays will allow us to move them into aggressive development in 2013 and beyond."

"Our shift to oil, which began in 2009, continues as more than half of our expected production in the second half of 2012 will be oil/liquids. For 2012, we expect our oil/liquids production will increase nearly 30% over 2011 levels. Our liquids production today is largely 'black oil'. With the strength of our performance year-to-date, we are again revising our full-year 2012 production expectations higher. Our focus today is clear: grow oil production, grow cash flow and position our Company for strong performance in 2013."

Newfield's oil and liquids liftings in the second quarter of 2012 were 6.1 MMBbls (67,000 BOPD) and comprised 49% of total Company production. Approximately 4% of Newfield's second quarter production was NGLs. Second quarter 2012 oil/liquids volumes were 40% higher than in the comparable period of 2011. Natural gas production in the second quarter of 2012 was approximately 40 Bcf, or an average of approximately 440 MMcf/d. On an equivalent basis, Newfield's production in the second quarter of 2012 was 76.4 Bcfe.

For the second time this year, Newfield raised its 2012 expectations for total Company production to 296 – 304 Bcfe (previous guidance was 292 – 302 Bcfe). With increasing activities planned in key oil regions in late 2012 and ongoing leasing in the Cana Woodford, Newfield expects that its capital investments in 2012 will approximate $1.7 billion, or the "upper end" of its original guidance range of $1.5 – $1.7 billion.

Assessment Plays Benefitting from "Controlled Flowback"

In all of Newfield's wet gas condensate and oil assessment plays, the Company is employing "controlled flowback" in its completion practices. This includes recent horizontal well results disclosed in this news release from the Cana Woodford, Uinta Basin, Eagle Ford Shale and Williston Basin. Through this practice, initial production rates are being intentionally held back to minimize pressure drawdown, maintain higher reservoir pressure and maximize oil recovery over time.

Cana Woodford

In late 2010, Newfield began to aggressively lease acreage in the Cana Woodford play in the Anadarko Basin of Oklahoma. At the time, these leases were south and east of the majority of industry activity. Today, more than 45 industry rigs are running in this play. Newfield now has more than 135,000 net acres in the play, up from 125,000 net acres in early 2012. The Company ran an average of five operated rigs in the first half of 2012 and, with continued strong results, plans to further increase activity levels in 2013.

Newfield is very encouraged with its results in the play to date. Today's drilling campaign is focused on the "South Cana" – an area prone to high oil and liquids yields that encompasses about 80,000 net acres. Recent notable wells from the Company's South Cana drilling program include:

Wright 1H-9 – Based on available public data, Newfield's Wright well (74% working interest) had the highest initial flow rate (all rates are 24-hour) achieved to date in the South Cana Woodford. The well had an initial gross production rate of more than 1,900 BOEPD (27% oil). The well averaged approximately 1,450 BOEPD over its first 7 days of production. The well has a 4,730' lateral length.

Branch 1H-16 – The Branch well (100% working interest) had an initial gross production rate of more than 1,850 BOEPD (27% oil). The well averaged approximately 1,550 BOEPD over its first 7 days of production. The well has a 4,950' lateral length.

Whitt 1H-25 – The Whitt well (93% working interest) had an initial gross production rate of approximately 1,050 BOEPD (50% oil). The well averaged nearly 900 BOEPD over its first 7 days of production. The well has a lateral length of 4,900'.

Faith 1H-12 – The Faith well (52% working interest) had an initial gross production rate of nearly 1,000 BOEPD (22% oil). The well averaged approximately 900 BOEPD over its first 30 days of production. The well has a lateral length of 4,200'.

Greenwood 1H-4 – The Greenwood well (63% working interest) had an initial gross production rate of 1,000 BOEPD (16% oil). The well averaged 930 BOEPD over its first 7 days of production. The well has a lateral length of 4,900'.

Williams 1H-19 – The Williams well (94% working interest) had an initial gross production rate of approximately 650 BOEPD (69% oil). The well averaged 430 BOEPD over its first 30 days of production. The well has a lateral length of 4,900'.

The Company also has approximately 55,000 net acres located in the "North Cana." This region is in very early stages of assessment, with drilling planned in the second half of 2012.

Newfield is a proven operator in the Woodford formation of Oklahoma where it has drilled approximately 380 horizontal wells in the Arkoma Woodford since 2005. In the second half of 2012 and into 2013, Newfield plans to drill SXL wells (up to 10,000' laterals) in the Cana Woodford, a practice that led to improved production rates, higher recoveries of hydrocarbons, lower finding and development costs and improved returns in the Arkoma Woodford.

Net production from Newfield's Mid-Continent region is approximately 57,000 BOEPD.

Uinta Basin Oil Developments

Newfield's production from the Uinta Basin continues to grow with current gross production recently setting a new record of approximately 36,000 BOEPD, or 25,000 BOEPD net. Full-year 2012 production is expected to increase about 20% over 2011 levels. Newfield owns interest in approximately 230,000 net acres in the Uinta Basin.

The region's production growth is being driven by strong results from the Central Basin region, an area located immediately north and adjacent to Monument Butte. The Central Basin is producing more than 7,500 BOEPD gross (85% oil) from new plays in the Uteland Butte and Wasatch.

Uteland Butte – Newfield is very encouraged with production rates from its first two horizontal wells completed in the "pressured" section of the Uteland Butte. Initial production rates from the two pressured wells were nearly three times the rate of the Company's initial wells in the normally-pressured Uteland Butte section.

Grace 3-16 – The Grace is the most recent well to commence production with initial gross production of 1,476 BOEPD (87% oil), and averaged 1,276 BOEPD over its first 7 days of production.

Thorne 4-2 – The Thorne had initial gross production of 1,435 BOEPD (87% oil), and averaged 929 BOEPD over its first 30 days of production.

The Company is currently completing two additional "pressured" Uteland Butte wells. Newfield has more than 200,000 net acres prospective for the Uteland Butte. In development mode, Newfield believes that these wells will be drilled and completed for about $5.5 million gross.

Wasatch – Since mid-2011, Newfield has drilled and completed more than 30 vertical wells in the pressured Wasatch play, a deeper geologic formation prevalent on approximately 60,000 net acres. Year-to-date 2012, Newfield has completed 18 vertical Wasatch wells with an average initial gross production rate of nearly 900 BOEPD and a 30-day average gross rate of more than 400 BOEPD. On average, the pressured vertical Wasatch wells can be drilled and completed for about $4.2 million gross.

The Company recently commenced production on its first two horizontal pressured Wasatch wells. Although encouraged with early flowback, the wells continue to clean-up and have not yet achieved peak initial production rates. Peak rates are expected in the next few weeks.

In the second half of 2012, the Company plans to drill an additional 15-20 pressured wells in the Central Basin, primarily targeting the Uteland Butte and Wasatch formations.

Eagle Ford

Newfield has approximately 230,000 net acres in the Maverick Basin of Texas and has been active in Maverick, Zavala and Dimmit counties since 2010. In early 2012, Newfield commenced a program to test SXLs on its Eagle Ford acreage.

Year-to-date, Newfield has drilled three successful SXL wells with lateral lengths of approximately 7,500' in Dimmit County. The three SXL wells had average initial gross production rates ranging from 750 BOEPD to 1,020 BOEPD gross. Two of the three wells have been on-line for at least 90 days with average production per well of 600 BOEPD gross for the period. Newfield has a 100% working interest in these wells.

Based on production data to date, Newfield estimates the SXL wells have a gross EUR of more than 500 MBOE. Newfield has approximately 40,000 net acres under assessment and development in the Eagle Ford. Six additional SXL wells are planned for the second half of this year, including a 10,000' lateral.

In addition, Newfield is participating in an outside-operated Eagle Ford program in Atascosa County, Texas, where the Company has an average 65% working interest in approximately 8,000 gross acres which are held by production. Two wells have been drilled to date and are in various stages of completion. Additional drilling is planned in the second half of 2012.

Drilling efficiencies are evident in the Company's Eagle Ford operations, with the recent SXLs being drilled and cased in as few as 12 days. Newfield estimates that SXL wells can be drilled and completed for approximately $8 million gross.

Current net production from the Company's Onshore Gulf Coast area is more than 15,000 BOEPD.

Williston Basin

Newfield's net production in the Williston Basin recently achieved a new high of more than 10,000 BOEPD. The increase reflects strong production rates from six second-quarter 2012 well completions. The recent wells had average initial gross production rates of approximately 2,650 BOEPD. Average lateral lengths were more than 11,000'.

Moberg Federal 29-32-2H – A recent notable completion was the Moberg well (72% working interest), which had initial gross production of approximately 3,500 BOEPD and averaged 1,380 BOEPD over its first 30 days of production. The well was drilled on a two-well pad and had a lateral length of approximately 11,000'. The well was drilled and completed for approximately $10 million gross.

As drilling has transitioned into development from common pad locations, efficiency gains continue to be realized. Newfield recently drilled a SXL well with a lateral length of 11,500' in 20 days. This compares to a 2010 and 2011 average days-to-depth of 45 days and 35 days, respectively. Over the last two years, increased lateral lengths have helped to lower finding and development costs, increase recoveries of oil in place, improve returns and minimize the surface impact of operations.

"In the fourth quarter of 2011, we purposely slowed our activities in the Williston Basin to get a handle on well costs and improve upon our overall execution in the field," said Boothby. "Our team's execution in 2012 has been superb and we now have a high rate-of-return development inventory that will drive profitable oil growth over the next several years."

The Company is on pace to grow its oil production from the Williston Basin approximately 35% over 2011 levels. Newfield is running three operated rigs in the Williston Basin today where it has approximately 100,000 net acres and an inventory of more than 300 ready-to-drill locations in the Bakken and Three Forks formations. Additional resource potential exists in deeper benches within the basin and infill drilling and field studies are currently underway.

International Oil Developments

Production from Malaysia year-to-date has been above expectations and recently attained a new record of more than 73,000 BOEPD gross, or 30,400 BOEPD net. Full-year oil/liquids liftings are expected to increase more than 40% over 2011 levels.

The East Belumut/Chermingat complex achieved a recent production record of more than 43,000 BOPD (previous high was 40,000 BOPD, first quarter 2012) or 16,500 BOPD net. The increase in production is a result of recent successful development drilling and facility optimization.

The East Piatu field, which commenced production in early 2012, is today producing 15,000 BOEPD gross (9,000 BOEPD net) and phase II development drilling is underway. The Puteri field is producing approximately 6,000 BOPD gross (2,600 BOPD net).

In addition to the ongoing oil field developments listed above, Newfield recently secured a rig to drill an appraisal well to test a large oil prospect on a 2008 discovery on Deepwater Block 2C (Paus). In addition, the Company will drill an exploration well later this year on Block SK 310. This target is 2.7 miles from Newfield's 2010 pinnacle reef gas discovery located on the same license. The Company serves as operator of both blocks with a 40% interest in Block 2C and a 30% interest in SK 310. Results from the wells are expected in late 2012.

Fabrication of facilities for the Pearl oil field, located offshore China in the Pearl River Mouth Basin, is ongoing. First production of about 15,000 BOPD net is expected in late 2013 or early 2014.

Corporate

On July 18, 2012, the Company completed its previously announced cash tender offer and consent solicitation (Offer) for its 6 5/8% Senior Subordinated Notes due 2016 (2016 Notes), which expired at 12:00 midnight, eastern standard time, on July 17, 2012. As previously announced, the Company had received tenders by the initial consent date from the holders of $412,851,000 aggregate principal amount of the 2016 Notes, representing approximately 75% of the outstanding 2016 Notes, which the Company purchased on July 3, 2012. The Company did not receive any additional tenders of the 2016 Notes prior to the expiration of the Offer, and as a result, redeemed the remaining outstanding 2016 Notes equal to $137,149,000 aggregate principal amount on July 18, 2012.

Newfield Exploration Company is an independent crude oil and natural gas exploration and production company. The Company relies on a proven growth strategy of growing reserves through an active drilling program and select acquisitions. Newfield's domestic areas of operation include the Mid-Continent, the Rocky Mountains, and onshore Texas. The Company has international operations in Malaysia and China.

** This release contains forward-looking information. All information other than historical facts included in this release, such as information regarding estimated or anticipated drilling plans and planned capital expenditures, is forward-looking information. Although Newfield believes that these expectations are reasonable, this information is based upon assumptions and anticipated results that are subject to numerous uncertainties and risks. Actual results may vary significantly from those anticipated due to many factors, including drilling results, oil and gas prices, industry conditions, the prices of goods and services, the availability of drilling rigs and other support services, the availability of refining capacity for the crude oil Newfield produces from its Monument Butte field in Utah, the availability and cost of capital resources, labor conditions and severe weather conditions (such as hurricanes). In addition, the drilling of oil and gas wells and the production of hydrocarbons are subject to governmental regulations and operating risks. Other factors that could impact forward-looking statements are described in "Risk Factors" in Newfield's 2011 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other subsequent public filings with the Securities and Exchange Commission, which can be found at www.sec.gov. Unpredictable or unknown factors not discussed in this press release could also have material adverse effects on forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Unless legally required, Newfield undertakes no obligation to publicly update or revise any forward-looking statements.

For additional information, contact the Newfield Communication department.

Phone: [phone]

Email: [e-mail]



SOURCE Newfield Exploration Company

[Penny Roger$]

<<< $NFX Links! >>> ~ MAC's Quick DD Links without the charts.




PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/NFX


OTC Markets Company Info ~ http://www.otcmarkets.com/stock/NFX/company-info
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Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=NFX+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=NFX+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=NFX+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=NFX
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=NFX+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=NFX+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/NFX
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/NFX
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=NFX+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=NFX+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=NFX+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=NFX+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=NFX+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=NFX+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=NFX+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=NFX+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=NFX+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=NFX+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=NFX+Cash+Flow&annual


FINVIZ ~ http://finviz.com/quote.ashx?t=NFX&ty=c&ta=0&p=d


Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=NFX
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=NFX
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=NFX
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=NFX
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=NFX
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=NFX&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260


CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=NFX&exchange=US


Barchart Quote ~ http://barchart.com/quotes/stocks/NFX?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/NFX
Barchart Options Quotes ~ http://barchart.com/options/stocks/NFX
Barchart Technical Chart ~ http://barchart.com/charts/stocks/NFX&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/NFX&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/NFX
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=NFX
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/NFX
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/NFX
Barchart News Headlines ~ http://barchart.com/news/stocks/NFX
Barchart Profile ~ http://barchart.com/profile//NFX
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=NFX&view=key_statistics


OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=NFX&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=NFX&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=NFX&MarketTicker=NYSE&Typ=S


Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/NFX/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/NFX/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/NFX/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/NFX/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/NFX
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/NFX/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/NFX/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/NFX/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/NFX/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/NFX/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/NFX/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=NFX&sid=1795093&framed=False


The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=NFX


Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=NFX


StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=NFX&num1=567&cobrand=&mode=stock


StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=NFX
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=NFX


AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=NFX&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8


Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=NFX.PK&WTmodLOC=C4-Officers-5


StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=NFX®ion=U


Search NASDAQ ~ http://www.nasdaq.com/symbol/NFX
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/NFX/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/NFX/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/NFX/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=NFX&selected=NFX
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=NFX&selected=NFX
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/NFX/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/NFX/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/NFX/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/NFX/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/NFX/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/NFX/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/NFX/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/NFX/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/NFX/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/NFX/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/NFX/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/NFX/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/NFX/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/NFX/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=NFX&selected=NFX
NASDAQ Financials ~ http://www.nasdaq.com/symbol/NFX/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/NFX/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/NFX/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/NFX/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/NFX/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/NFX/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/NFX/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/NFX/insider-trades/sells


The Motley Fool ~ http://caps.fool.com/Ticker/NFX.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/NFX/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/NFX/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/NFX/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/NFX/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/NFX/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/NFX/Statements.aspx?source=icasittab0000009


MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=NFX


YCharts ~ http://ycharts.com/companies/NFX
YCharts Performance ~ http://ycharts.com/companies/NFX/performance
YCharts Dashboard ~ http://ycharts.com/companies/NFX/dashboard


InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=NFX&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=NFX&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=NFX&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=NFX


Zacks Quote ~ http://www.zacks.com/stock/quote/NFX
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=NFX
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=NFX


Knobias ~ http://knobias.10kwizard.com/files.php?sym=NFX


StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=NFX


Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/NFX/HOT_TOPIC.html


Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=NFX&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=NFX®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=NFX®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=NFX®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=NFX®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=NFX®ion=USA&culture=en-us


CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=NFX


TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=NFX


OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=NFX&searcharea=e&image1.x=0&image1.y=0


Insidercow ~ http://www.insidercow.com/history/company.jsp?company=NFX&B1=Search%21


Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=NFX
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=NFX&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null


YouTube Symbol Search ~ http://www.youtube.com/results?search_query=NFX


Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=NFX


Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=NFX


Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=NFX

Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=NFX
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=NFX

Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=NFX

Investorpoint ~ http://www.investorpoint.com/ enter "NFX" and click search.

Hotstocked ~ http://www.hotstocked.com/ enter "NFX" and click search.

Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=NFX

Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=NFX

DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=NFX

SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=NFX

OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=NFX

Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "NFX" and click search.

http://www.coordinatedlegal.com/SecretaryOfState.html

http://regsho.finra.org/regsho-Index.html

http://www.shortsqueeze.com/?symbol=NFX&submit=Short+Quote%99



DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=NFX
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=NFX
Check those searches for recent NFX mentions. If NFX is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS



MACDlinks

[Penny Roger$]

~ Wednesday! $NFX ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $NFX ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=NFX&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=NFX&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=NFX
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NFX#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NFX+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NFX
Finviz: http://finviz.com/quote.ashx?t=NFX
~ BusyStock: http://busystock.com/i.php?s=NFX&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NFX >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[XvalenXtineX]

Where is the love for newfield...these guys need to hang in there while nat-gas is low... Anyone that hangs in there through the tough times will be rewarded

[WildCatStocks]

Doing good work for investors?

Newfield Exploration Company (NFX) has been range bound between $34 and $78 per share over the past year, and the stock is presently treading water at the bottom of this range. Two of the company’scompetitors in the industry are Cabot Oil & Gas Corporation (COG) andForest Oil Corp. (FST).

[Penny Roger$]

~ Wednesday! $NFX ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $NFX ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=NFX&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=NFX&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=NFX
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NFX#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NFX+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NFX
Finviz: http://finviz.com/quote.ashx?t=NFX
~ BusyStock: http://busystock.com/i.php?s=NFX&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NFX >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[OilStockReport]

Nice info, thanks!

[catdaddyrt]

yes them and Anadarko



http://www.haynesboone.com/es/experience/detail.aspx?experience=1893

[ChitForBrains]

Remind me, is Newfield a TXCO buyer, (bought their assest in bankruptcy)? That's in the Dimmitt county area or are you going to make me Google it?

[catdaddyrt]

Talked to my bud -he's drilling in Carrizo Springs -thats south west of San Antonio 13k down and 4k ft across the zone -says he may be there for years - there is another rig down there with him -his forecast is full steam ahead -he is drilling gas wells but says the company is shifting into a lot of oil but that they will keep in the gas also as one day it will go back up and they will have plenty of it- I used to do oilfield sales and would call on him at the rig -
if I can get out of PBR that money is going in here on a pull back




http://www.zacks.com/research/get_news.php?id=172l5771

you can register for a newsletter from NFX here


http://www.newfld.com/

[catdaddyrt]

a lot of good info on this site -you just have to sign up

As oil prices continue to remain high, the Eagle Ford oil window is emerging as one of the most lucrative unconventional reserves in the U.S. With E&P operators rushing to exploit it, the race is now on to develop the most effective hydraulic fracturing and completions techniques to capitalize on the huge volumes of reserves in place in the play. So how do we maximize the worth of the Eagle Ford? Bringing together the latest techniques, results and findings is a good start!

Â

Â

The 3rd North American Tight Oil Congress, has now been launched and, for the first time ever, will focus exclusively on completions and hydraulic fracturing techniques in the Eagle Ford oil window. The congress will see thought leading speakers such as VP Eagle Ford from Pioneer Natural Resources, VP Drilling & Technology from Lewis Energy and the Global Lead of Stratigraphy from BP consolidate their knowledge to collectively develop methodologies and techniques for maximizing recovery and increasing the profitability of oil production.

Â

Â

View the Agenda

Â

Â

Day one will hear operators explaining how they have chosen proppant types and fluid concentrations to develop a recipe for maximum oil recovery in the Eagle Ford. Frac stages and spacing will also each be discussed followed by presentations on frac technologies, frac equipment availability and water sourcing.

Â

Register Now and Save

Â

Â

Day two will examine how the discontinuous geological characteristics of the Eagle Ford can be understood to enable the effective application of drilling and completions techniques. Reservoir deliverability will be discussed relative to reservoir pressure, lithology, porosity, saturation, permeability to identify how rock characteristics can be exploited to increase recovery. The conference will end with presentations identifying successful drilling techniques and technologies that can be used to improve oil recovery throughout the life of the well including lateral lengths, drill orientations and faulting and steering techniques.

Â

Â

Expert speakers include:

Joey Hall, VP Eagle Ford, Pioneer Natural Resources
Mike Loudermilk, VP Drilling & New Technology, Lewis Energy
Art Donovan, Senior Geoscience Advisor, BP
Kevin Schepel, VP Exploration & Production, Zaza Energy
Mark Stover, EVP Exploration & Development, Petroquest Energy
Sean Buchanan, Lead Completions Engineer, Eagle Ford, Plains Exploration & Production
Scott Stevenson, Vice President, Laredo Energy
Lloyd Hetrick, Operations Engineering Specialist, Newfield Energy
Michael E. Lucente, VP Exploration, LMP Petroleum Operating
Mickey Morris, Completions Desginer, Zara Energy
Al Holcomb, VP Of A&D, Lewis Energy
Doug O. Johnson, Manager for Injection, Storage Permits and Support, Texas Rail Road Commission
Dr Lloyd Heinze, Professor, Roy Butler Chair & Principal Investigator, Texas Tech & Artificial Lift Energy Optimization Consortium (ALEOC)
Robert Reed, Research Scientist Associate IV, Bureau Economic Geology, The University Of Texas at Austin
Hisham A. Nasr-El-Din, Professor Petroleum Engineering, Texas A&M University
Malgorzata Ziaja, Associate Professor, Texas Tech University
For the full conference agenda click here to download the brochure.

Â

This event is being produced by American Business Conferences, producers of the sold-out Tight Oil Shale Plays World Congress (January 2011, Denver) and theTight Oil Canada 2011(June 2011, Calgary). This event should not be missed by any decision maker or technical expert involved in drilling, reservoir engineering and completions in the Eagle Ford play.

Â

Â

Contact them with a question...

 Â
Thanks for supporting GoHaynesvilleShale.com sponsors!
Â
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best,


Keith Mauck
GoHaynesvilleShale.com





Visit Go Haynesville Shale at: http://www.gohaynesvilleshale.com/?xg_source=msg_mes_network



To control which emails you receive on Go Haynesville Shale, click here

[catdaddyrt]

woa mule woa -look at her go Newfield is on fire up 4%

[catdaddyrt]

will do -

[catdaddyrt]

will do -

[OilStockReport]

Thanks for the insider info! If you hear any new updates from your buddy in the future, I would love to hear it.

[catdaddyrt]

they have to big patterson rigs working in south texas on gas wells(my friend oversees one )-not sure how many rigs on the oil drilling but says at least 2 on this one lease below-- here is a layout of how they got where they are

http://www.newfield.com/history.aspx



US: Newfield says its South Texas Eagle Ford fields yielding oil


Oil and gas producer Newfield Exploration said Monday that a months-long drilling program to assess its south Texas oil fields has confirmed that its 335,000 acres there sit within an oil-rich portion of the Eagle Ford shale formation. 'All of our initial Eagle Ford assessment wells found light oil and confirmed an active petroleum system and producible oil and gas across a vast area,' Chief Executive Lee K. Boothby said in a news release.

Houston-based Newfield acquired the acreage from bankrupt TXCO Resources in February as part of a joint acquisition with Anadarko Petroleum. Newfield executives have estimated that the company paid about $400 per acre once the value of producing wells was discounted.

The company drilled 11 wells in the so-called Maverick Basin. Peak daily production ranged between the equivalent of 400 and 900 barrels of oil, Newfield said Monday. In addition to examining the fields' production potential, wells were drilled to satisfy lease obligations, the company said. The company said it plans to continue to drill with at least two rigs to meet lease requirements.Newfield will 'substantially increase' investment in the area in the second half of this year, Boothby said.

Source: Dow Jones Newswires

[OilStockReport]

Great info! How many oil wells do they have going down in Texas?

[catdaddyrt]

I just talked to my friend at Newfield (drilling dept.) I asked how they were doing so well with NG prices in the ditch -he said they are drilling lots of oilwells in south Texas to off set the gas slumpand they would continue till NG goes back up-Carrizzo Springs is a hot spot for them right now - His wife swing trades the stock and has for years-

[OilStockReport]

If NFX really commits to the Bakken, things may look real nice. What do you think?

[OilStockReport]

NFX was one of Dan Dicker's favorite gas stocks!

Newfield Resources (NFX): In fiscal 2010, NFX reported total revenues of $1.9 billion, an increase of 46% compared with a year ago. Annual net income was $523 million in FY 2010. NFX recently traded at $72.11 and gained 0.7% since the end of last year. The stock has a market cap of $9.5 billion and a P/E ratio of 18.56.

[OilStockReport]

Yeah I agree about the big mess part. I personally don't focus on any international oil deals outside of Canada for this reason. Good luck on your trades.

[catdaddyrt]

if I can hit my target on PBR I will exit and move some into NFX -
PBR can move 5 bucks in a week when it wants to but it has been a pain the last 6 months seems to be getting her legs again above 40 -- when you mix Government with oil you get a big mess

[OilStockReport]

I don't think it is too late to own the stock now ;)

This company is positioned to do what I will call great things over the next couple years. Your background information is very much appreciated.

[OilStockReport]

I would say that is a reasonable expectation at least through some spikes during the hot months. We personally believe that we are entering into uncharted waters with oil prices and nothing would surprise me at this point. When NFX broke $70 that was a clear break out point and to me means we are looking at very good returns over the course of 2011.

[catdaddyrt]

I think we are well on our way to record oil prices again - it is booming out here in west Texas and fuel is going up daily -not gonna be pretty this summer unless you own some oil stocks -lol

[OilStockReport]

Good and getting better. What do you think the rest of the year looks like?

Newfield in $308m Uinta asset buy

Oil and natural gas producer Newfield Exploration will raise its acreage in the oil-heavy Uinta basin of Utah by more than a third by buying assets of Harvest Natural Resources and an unnamed private company for about $308 million.

News wires 23 March 2011 23:02 GMT

Houston-based Newfield plans to spend nearly its entire 2011 budget of $1.7 billion to develop its oil and liquids-rich gas plays.

The Uinta deal adds 70,000 net acres to Newfield's nearly 183,000 acres in the basin. The bought acreage is largely undeveloped and is located near the company's largest oil asset, the Monument Butte field.

Wells Fargo Securities analyst David Tameron told Reuters: "(It) makes sense for Newfield to extend its position at one of its highest rate of return assets."

Analysts at Wells Fargo, Tudor Pickering Holt, Global Hunter Securities and Raymond James pegged the per-acre price at about $4500.

This compares with about $13,000 to $16,000 per acre that Korea National Oil will pay Anadarko Petroleum for a stake in the US company's properties in the Eagle Ford Shale – another oil-rich play.

Newfield said last month it expects the Monument Butte field to grow more than 15% this year and domestic oil volumes to rise by about half.

"The acreage value is likely a positive read-through for Bill Barrett and Berry Petroleum's Uinta oil projects. The companies are targeting the same oil-producing formations directly west of Newfield acquired acreage," Tameron said.

The deal, likely to close in May, will be financed through Newfield's revolving credit facility.

Separately, Houston-based Harvest Natural said the sale of all of its oil and gas assets in the Uinta Basin will fetch it $215 million in cash. The sale, effective 1 March, consists of nearly 47,600 net acres.

The sale of Harvest Natural's 70% working interest in the Uinta properties is a part of the Venezuela-focused firm's strategic alternatives process. It plans to use the proceeds to repay debt.

"Proceeds from the transaction will allow Harvest Natural to pay down debt as well as complete

its drilling programmes in both Indonesia and Gabon while allowing the company to continue to evaluate strategic.

[catdaddyrt]

lol I wish -its a solid company -I wish I had put it here instead of PBR but it will get some legs this summer- I hope -was terrible last 6 months of 2010 -Newfield is drilling the same area that ERFW is all over with the oilfield telecommunications- I have to buy TNK before this one-

[big oil]

So we can put you down for 1000 shares of NFX Tuesday morning?

[catdaddyrt]

I have been on many a Newfield wellsite but have never owned the stock-


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58852674

[OilStockReport]

Lee Boothby, chief executive officer of Newfield Exploration Co., discusses the company's strategy in the Gulf of Mexico, the outlook for U.S. laws on offshore drilling and the company's oil and natural gas businesses.

He speaks with Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)

http://www.bloomberg.com/news/2010-12-02/boothby-says-newfield-focusing-on-non-gulf-exploration-video.html?cmpid=yhoo&utm