Credit Suisse Energy Summit February 7, 2012 www.newfield.com NYSE: NFX
2011 2012 1. Oil Production Growth (200811: 20% CAGR) 1. Live Within Internal Resources 2. Captured Dominant Positions in 2. Improve Operational Focus Central Basin and Stealth Continue to Monetize NonStrategic Assets 3. Better…
FOUNDATIONAL BRIDGE ASSESSMENT/ EXPLORATION Monument Butte Williston Basin Central Basin Move to Woodford Granite Wash Foundational in 2012 Malaysia / China Eagle Ford / Pearsall Shales Eagle Ford (40,000 acres) Stealth Oily…
Rocky Mountains 78 total rigs in the Uinta Basin 45 rigs in the Central Basin HZT assessments in the Uteland Butte, Wasatch & Black Shale Rocky 24 rigs in the Williston Mountains Superlative execution Appalachia…
2010 Production Mix 2011e Production Mix 2012e Production Mix 30% Liquids 40% Liquids 60% Liquids 70% Gas Gas 52% 48% Gas SEC Oil and Gas Prices 120.00 6.00 5.50 100.00 5.00 4.50 /MMBtu 80.00 4.00 /Bbl 3.50 60.00…
HIGHLIGHTS NFX agreements with TSO and HFC adds 20,000 BOPD of total capacity by 2014 NFX currently utilizes total wax capacity o Quality oil 37 API gravity 8
Recent Events Reduced drilling activity/deferred completions to maintain 2011 capital budget Ramping drilling and completion activities in early 2012 2 4 rig program in 2012 300 remaining locations Well Results Thru 3Q11 Well…
NATURAL GAS Volume Hedged Period MMCF/D Fixed Price 3-Way Collars 2012 278 5.42 4.28 x 5.49 x 6.36 2013 158 5.33 4.04 x 5.44 x 6.48 CRUDE OIL (DOMESTIC) Volume Hedged Period BOPD Fixed Price Collars 3-Way Collars 2012 35,000…