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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): SEPTEMBER 30, 1997
NEWFIELD EXPLORATION COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-12534 72-1133047
(State or other jurisdiction (Commission file (I.R.S. employer
of incorporation or organization) number) identification number)
363 N. Sam Houston Parkway E.
Suite 2020
Houston, Texas 77060
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (281) 847-6000
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Item 5. Other Events
See the following press release announcing the offering of $125 million of
senior unsecured notes by Newfield Exploration Company.
NEWFIELD ANNOUNCES $125 MILLION OFFERING OF SENIOR NOTES
FOR IMMEDIATE RELEASE
Houston, Texas (September 30, 1997) - Newfield Exploration Company (NYSE-NFX)
intends to offer $125 million of senior unsecured notes due 2007 through a Rule
144A private placement offering during October 1997.
The offering will be made by means of an offering memorandum to qualified
institutional buyers and the securities will have certain registration rights.
Net proceeds from the sale of the senior notes will be used to repay outstanding
indebtedness under Newfield's revolving credit facility and to fund further
exploration and development of the Company's properties, the acquisition of oil
and gas properties and other general corporate purposes.
The notes to be offered have not been and will not be registered under the
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or an applicable exemption from registration requirements.
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy the notes.
Newfield explores, develops and acquires oil and gas properties principally in
the Gulf of Mexico.
Newfield Exploration Company For more information contact:
363 N. Sam Houston Parkway East, Ste. 2020 James P. Ulm, II
Houston, TX 77060 (281) 847-6000
(www.newfld.com)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this Form 8-K to be signed on its behalf by the
undersigned thereunto duly authorized.
NEWFIELD EXPLORATION COMPANY
Date: September 30, 1997 By: /s/ Terry W. Rathert
Terry W. Rathert
Vice President-Planning and
Administration and Secretary
(Authorized Officer and Principal
Financial Officer)
