EOG RESOURCES, INC. (NYSE:EOG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
the Board of Directors (Board) of EOG Resources, Inc. (EOG) and
to the Audit, Compensation, and Nominating and Governance
Committees of the Board, in each case effective March 1, 2017.
his 32-year career with Anadarko Petroleum Corporation, a
publicly traded oil and gas exploration and production company
(Anadarko). Prior to his retirement in December 2016, Mr. Daniels
served as Senior Vice President, Worldwide Exploration, from 2006
to 2013, and as Executive Vice President, International and
Deepwater Exploration, from 2013 to September 2016. Mr. Daniels
is also a member of the Board of Directors of MicroSeismic, Inc.,
an oilfield services company providing completions evaluation
services and real-time monitoring and mapping of hydraulic
fracture operations in unconventional oil and gas plays.
service as a director as EOGs other non-employee directors. In
addition, Mr. Daniels will receive a grant of restricted stock
units (RSUs) under the Amended and Restated EOG Resources, Inc.
2008 Omnibus Equity Compensation Plan consistent with EOGs prior
grants to its other non-employee directors. The stock grant,
which has been approved by the Compensation Committee of the
Board and the Board, will be based on the closing price of EOGs
common stock on the New York Stock Exchange on the March 1, 2017
grant effective date. The grant of RSUs will cliff vest one year
from the date of grant and will have standard termination
provisions. The grant of RSUs to Mr. Daniels will be reported on
a Form 4 to be filed by Mr. Daniels within two business days
after the March 1, 2017 grant effective date.
the Board of his decision to retire from the Board at the end of
his current term and not stand for re-election as a director at
EOGs 2017 annual meeting of stockholders (2017 Annual Meeting).
Mr. Stewards current term will expire in conjunction with the
2017 Annual Meeting. Mr. Stewards decision to retire and not
stand for re-election is not as a result of any disagreement with
EOG.
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Item 9.01
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Financial Statements and Exhibits.
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2017.
About EOG RESOURCES, INC. (NYSE:EOG)
EOG Resources, Inc. (EOG) explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas. The Company’s operations are all crude oil and natural gas exploration and production related. EOG’s total estimated net proved reserves include approximately 2,118 million barrels of oil equivalent (MMBoe), of which over 1,098 million barrels (MMBbl) is crude oil and condensate reserves, approximately 383 MMBbl include natural gas liquids (NGLs) reserves and over 3,825 billion cubic feet, or 637 MMBoe, includes natural gas reserves. The Company’s operations are focused in most of the productive basins in the United States with a focus on crude oil and, to a lesser extent, liquids-rich natural gas plays. EOG RESOURCES, INC. (NYSE:EOG) Recent Trading Information
EOG RESOURCES, INC. (NYSE:EOG) closed its last trading session down -0.76 at 98.71 with 2,737,205 shares trading hands.
