NEWFIELD EXPLORATION COMPANY (NYSE:NFX) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders
|
(a) |
Newfield Exploration Company (the "Company’") held its 2018 Annual Meeting of Stockholders (the "Annual Meeting") on May 15, 2018. |
|
(b) |
The following actions were taken at the Annual Meeting and the final number of votes cast for, votes cast against, abstentions, and broker non-votes for each proposal is set forth below (for more information on the proposals, please see the Company's 2018 Proxy Statement filed with the Securities and Exchange Commission on March 29, 2018): |
|
1. |
Each of the ten nominees for director was elected to serve a one-year term expiring at the 2019 Annual Meeting of Stockholders. The voting results were as follows: |
|
Nominee |
For |
Against |
Abstentions |
Broker Non-Votes |
|
Lee K. Boothby |
163,828,187 |
6,202,532 |
379,885 |
10,649,173 |
|
Pamela J. Gardner |
166,259,830 |
4,124,789 |
25,985 |
10,649,173 |
|
Edgar R. Giesinger, Jr. |
169,892,636 |
450,961 |
67,007 |
10,649,173 |
|
Steven W. Nance |
166,216,271 |
4,167,884 |
26,449 |
10,649,173 |
|
Roger B. Plank |
169,676,374 |
707,424 |
26,806 |
10,649,173 |
|
Thomas G. Ricks |
165,637,351 |
4,746,248 |
27,005 |
10,649,173 |
|
Juanita M. Romans |
165,972,418 |
4,412,648 |
25,538 |
10,649,173 |
|
John W. Schanck |
169,383,868 |
998,859 |
27,877 |
10,649,173 |
|
J. Terry Strange |
166,886,732 |
3,496,200 |
27,672 |
10,649,173 |
|
J. Kent Wells |
169,353,388 |
965,669 |
91,547 |
10,649,173 |
|
2. |
The stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company's 2018 Proxy Statement. The voting results were as follows: |
|
For |
Against |
Abstentions |
Broker Non-Votes |
|
165,047,538 |
5,304,837 |
58,229 |
10,649,173 |
|
3. |
The appointment of PricewaterhouseCoopers LLP as the Company’s independent auditor for 2018 was ratified. The voting results were as follows: |
|
For |
Against |
Abstentions |
Broker Non-Votes |
|
178,074,122 |
2,883,455 |
102,200 |
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).
