NEWFIELD EXPLORATION COMPANY (NYSE:NFX) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03.
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
(a) On April 25, 2018, the Board of Directors (the “Board”) of Newfield Exploration Company (the “Company”) approved an amendment (the “Second Amendment”) to the bylaws of the Company (as amended, the “Bylaws”), effective April 25, 2018, regarding when a group of funds will be treated as one stockholder for purposes of applying the proxy access provisions of the Bylaws. In addition to the previous provision addressing a group of funds under common management and investment control and a “group of investment companies” (within the meaning of the Investment Company Act), the Second Amendment provides that two or more funds that are under common management and funded primarily by the same employer will be treated as one stockholder for purposes of Section 2.13(e) of the Bylaws.
This summary is qualified in its entirety by reference to the Second Amendment, effective April 25, 2018, which is filed as Exhibit 3.1 attached hereto and incorporated by reference herein.
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Item 9.01 |
Financial Statements and Exhibits. |
(d)Exhibits
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3.1 |
Second Amendment to the Amended and Restated Bylaws of Newfield Exploration Company, effective April 25, 2018 |
Exhibit Index
NEWFIELD EXPLORATION CO /DE/ ExhibitEX-3.1 2 exhibit31.htm EXHIBIT 3.1 Exhibit Exhibit 3.1SECOND AMENDMENT TO THEAMENDED AND RESTATED BYLAWSOFNEWFIELD EXPLORATION COMPANYThis Second Amendment to the Amended and Restated Bylaws (the “Bylaws”) of Newfield Exploration Company,…To view the full exhibit click here
About NEWFIELD EXPLORATION COMPANY (NYSE:NFX)
Newfield Exploration Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids (NGLs). The Company’s operations are focused primarily on large scale, onshore liquids-rich resource plays in the United States. Its segments are the United States and China. Its principal areas of operation are the Anadarko and Arkoma Basins of Oklahoma, the Williston Basin of North Dakota, the Uinta Basin of Utah and the Maverick, and Gulf Coast basins of Texas. In addition, it has oil developments offshore China. Its proved reserves of over 510 million barrels of oil equivalents (MMBOE) consist of over 310 MMBOE proved developed producing, 20 MMBOE proved developed non-producing and 180 MMBOE proved undeveloped reserves. Its proved liquids reserves are over 290 million barrels. Over 71% of its proved liquid reserves are crude oil or condensate. Its proved natural gas reserves are over 1,305 billion cubic feet (Bcf).
