Disclaimer

Forward-Looking Statement

This web site contains 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. The words "will", "believe", "intend", "plan", "expect" or other similar expressions are intended to identify forward-looking statements. Other than historical facts included in this web site, all information and statements, such as information regarding estimated reserves, production targets, drilling and development plans and the timing of production and other activities, planned capital expenditures, the number of wells planned to be drilled in the future, the relative risks and potential of planned exploratory wells, the availability of capital resources to fund capital expenditures and other plans and objectives for future operations, are forward-looking statements. Although as of the date this web site was published, Newfield believed that these expectations were reasonable, this information was based upon assumptions and anticipated results that are subject to numerous uncertainties and risks. Actual results may vary significantly from those anticipated due to many factors, including drilling results, oil and gas prices, industry conditions, the prices of goods and services, the availability of drilling rigs and other support services, the availability of refining capacity for the crude oil Newfield produces from its Monument Butte field in Utah, the availability of capital resources, labor conditions, severe weather conditions, governmental regulations and other operating risks. Please see Newfield's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC) for a discussion of other factors that may cause actual results to vary. Unpredictable or unknown factors not discussed herein or in Newfield's SEC filings could also have material adverse effects on forward-looking statements. Readers are cautioned not to place undo reliance on forward-looking statements, which speak only as of the date published on this web site. Unless legally required, Newfield undertakes no obligation to publicly update or revise any forward-looking statements.

Cautionary Note to Investors

Effective January 1, 2010, the SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that meet the SEC's definitions for such terms. Newfield may use terms in this presentation, such as "resources", "net resources", "net discovered resources", "net risked resources", "net lower-risked captured resources", "net risked captured resources", "gross resources", "gross resource potential", "gross unrisked resource potential", "gross unrisked resources", and similar terms that the SEC's guidelines strictly prohibit in SEC filings. Investors are urged to consider closely the oil and gas disclosures in Newfield's Annual Report on Form 10-K, available at www.newfield.com, www.sec.gov or by writing Newfield at 363 N. Sam Houston Pkwy E., Suite 100, Houston, Texas 77060 Attn: Investor Relations.

Links and Materials Prepared by Third Parties

This web site may contain links that will direct you to web sites that are not owned or operated by Newfield. These linked sites are not under Newfield's control and Newfield is not responsible for the content of any linked site. These links are provided for your convenience only, and the inclusion of any link does not indicate a guarantee of accuracy or an endorsement or recommendation by Newfield.

In addition, certain information on this website, such as the transcripts of our quarterly earnings conference calls, is prepared by parties other than Newfield. This information is provided for your convenience only, and the inclusion of this information prepared by parties other than Newfield does not indicate a guarantee of accuracy or an endorsement or recommendation by Newfield. In the case of Newfield's quarterly earnings conference calls, Newfield encourages people who are not able to participate in the live call to listen to the webcast replay of each earnings conference call for the complete details of each call. The webcast replay of each call is available on the Investor Relations page of this website for one year after the date of the call.