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Newfield Announces Two-for-One Stock Split

    HOUSTON, May 5 /PRNewswire-FirstCall/ -- Newfield Exploration Company
(NYSE: NFX) today announced that its Board of Directors has declared a two-
for-one split of its common stock to be effected in the form of a stock
dividend.  The Board established May 16, 2005 as the record date for the stock
split and May 25, 2005 as the date for distributing the additional shares.
    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 of the Mid-Continent, the Uinta
Basin of the Rocky Mountains and 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


SOURCE Newfield Exploration Company




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Related links:
  • http://www.newfld.com
    CONTACT:
    Steve Campbell of Newfield Exploration
    Company, +1-281-847-6081, or info@newfld.com