UBS Global Oil and Gas Conference May 24, 2011 www.newfield.com NYSE: NFX
Our Focus in 2011 11 Capital Budget 1.9 Billion HIGHLIGHTS: Intl 16% Oil Growth ONGC Mid-Cont. Expect 50% increase in 15% 33% domestic oil production Integrate Recent Uinta Basin Rockies Acquisition 34% Active Assessment of…
Newfields Portfolio Oil and Gas Opportunities YE 2010 % of MALAYSIA: 40,000 BOPD gross; low risk Reserves Co. Total developments CHINA: Bohai Bay production, exploration upside, new discovery/development PRMB INTERL 34 MMBbls 6%…
2011 At a Glance Oil Growth Drivers Gladden DW GOM Granite Wash Marmaton Monument Butte to grow PM 329 E. Piatu, Malaysia 15% Oily Woodford Williston Basin Eagle Ford Shale 4
Uinta Basin / Greater Monument Butte Area Altamont / Bluebell UTAH Horseshoe Bend Closed Acquisition on May 18, 2011 EDA 3 Acquisition Acreage EDA 2 EDA 1 Greater Monument Monument Butte Unit Butte Natural Buttes…
Granite Wash Stiles Ranch Geologic Intervals 2011 Program Successfully Depth Zones Tested 10/10 Marmaton A 12,000 4 Rig Program Marmaton B 25 30 Planned Wells Marmaton C Marmaton D-E Focus on Liquid Rich Marmaton F-G Marmaton…
Williston Basin NORTH DAKOTA WARD DIVIDE BURKE 2011 Program Big Valley 5-Rig Program SHERIDAN 40 Total Wells WILLIAMS Last 3 SXL IP Avg (24 hrs) Westberg ROOSEVELT 3,700 BOEPD Catwalk Expect to Complete 15 Wells 4,468…
Oily Woodford Shale OKLAHOMA 2011 Program 2 3 Rig Program Its Not Only Dry Gas Drill 12 18 Wells 100 Potential Locations Hughes Results to Date OIL PRONE GAS PRONE 6 Wells On-line to Date Ammo Depot Peak IP 1,400 BOEPD (5…
E. Piatu Development Malaysia Project Update Deck Set Estimated First Production 4Q11 10,000 BOPD (Gross) 70% NFX WI 14,000 15,000 18,000 (BOPD) Q1e Q2e Q3e Q4e 2011e Malaysia Production (net) 9
Eagle Ford Shale Goal: Assessment Moving Toward Development in 2012 2011 Program 250 MM Cap-Ex Lower Eagle Ford Focus 30 35 Wells Assess Pearsall Drilling Efficiencies 8 10 Day Drill & Case Avg. Recent Best in Class Well 7 Days…
Southern Alberta Basin BLACKFEET NATION EXPLORATION VENTURE 280,000 Net Acres, NFX Operated MONTANA St. Mary HIGHLIGHTS 280,000 Net Acre Position Cut Bank East Glacier Browning NFX Avg. WI: 74% Prospective Formations:…
Why Invest in NFX Depth A Diverse Asset Portfolio, Experienced Management Real Oil in the portfolio Natural gas assets largely HBP In Hand Oil/Liquid Assets 100% of 11 Cap-ex to Oil/Liquid Plays Uinta Basin Williston Basin Oil…