THE WOODLANDS, Texas, Nov. 12, 2018 /PRNewswire/ -- Newfield
Exploration Company (NYSE: NFX) today provided a slide deck with supplemental information regarding its previously announced
combination with Encana Corporation. The slides can be found on the Company's website at http://www.newfield.com.
Newfield Exploration Company is an independent energy company engaged in the exploration, development and production of crude
oil, natural gas and natural gas liquids. Our U.S. operations are onshore and focus primarily on large scale, liquids-rich
resource plays in the Anadarko and Arkoma basins of
Oklahoma, the Williston Basin of North Dakota and the Uinta Basin of Utah. In addition, we have a producing
oil field offshore China.
Forward-Looking Statements
This communication includes certain statements that constitutes "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of Newfield Exploration Company (the "Company") to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that
otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans," "may increase,"
"may fluctuate," "will," "should," "would," "may" and "could" or similar words or expressions are generally forward-looking in
nature and not historical facts. Any statements that refer to outlook, expectations or other characterizations of future events,
circumstances or results are also forward-looking statements. Important risks, assumptions and other important factors that could
cause future results to differ materially from those expressed in the forward-looking statements are specified in Newfield
Exploration Company's Annual Report on Form 10-K for the year ended December 31, 2017 and its
Quarterly Reports on Form 10-Q for any subsequent periods under headings such as "Forward-Looking Statements", "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and Results of Operations" and in other filings and furnishings made
by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to release
publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated
events.
Important Additional Information Regarding the Transaction Will Be Filed With the SEC
In connection with the proposed transaction, Encana Corporation ("Encana") will file a registration on Form S-4 that will
include a joint proxy statement of the Company and Encana. The definitive joint proxy statement/prospectus will be sent to the
stockholders of the Company and Encana. Encana and the Company may also file other documents with the SEC regarding the proposed
transaction. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE ADVISED TO CAREFULLY READ THE JOINT PROXY STATEMENT AND ANY
REGISTRATION STATEMENT/PROSPECTUS (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL
CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION, THE PARTIES TO THE TRANSACTION AND THE RISKS ASSOCIATED WITH THE
TRANSACTION. A definitive joint proxy statement and any registration statement/prospectus, as applicable, will be sent to
security holders of the Company in connection with the Company's shareholder meetings. Investors and security holders may obtain
a free copy of the joint proxy statement (when available), any registration statement/prospectus, and other relevant documents
filed by the Company with the Securities and Exchange Commission ("SEC") from the SEC's website at www.sec.gov. Security holders and other interested parties will also be able to obtain,
without charge, a copy of the joint proxy statement, any registration statement/prospectus, and other relevant documents (when
available) by directing a request by mail or telephone to Investor Relations, Newfield Exploration Company, 4 Waterway Square
Place, Suite 100, The Woodlands, Texas 77380. Copies of the documents filed by the Company with
the SEC will be available free of charge on the Company's website at ir.newfield.com.
Participants in the Solicitation
The Company and its directors, executive officers and certain other members of management may be deemed to be participants in
the solicitation of proxies from its security holders with respect to the transaction. Information about these persons is set
forth in the Company's proxy statement relating to its 2018 Annual Meeting of Stockholders, as filed with the SEC on March 29, 2018 and subsequent statements of changes in beneficial ownership on file with the SEC. Security
holders and investors may obtain additional information regarding the interests of such persons, which may be different than
those of the Company's security holders generally, by reading the joint proxy statement, any registration statement and other
relevant documents regarding the transaction, which will be filed with the SEC.
No Offer or Solicitation
This document is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or
buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction pursuant to
the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in
contravention of applicable law. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be
ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would
constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including
without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a
national securities exchange, of any such jurisdiction.
For additional information, please contact Newfield's Investor Relations department.
Phone: 281-210-5182
Email: IR@newfield.com
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SOURCE Newfield Exploration Company