Form 8-K for NR 05-14-07

UNITED STATES
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):   May 14, 2007
 
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NEWFIELD EXPLORATION COMPANY
(Exact name of registrant as specified in its charter)
______________
 

Delaware
1-12534
72-1133047
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
of incorporation)
  
Identification No.)


363 N. Sam Houston Parkway E., Suite 2020
Houston, Texas 77060
(Address of principal executive offices)

Registrant’s telephone number, including area code: (281) 847-6000
 
Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

Items 1.01 (Entry into a Material Definitive Agreement) and 8.01 (Other Events)

On May 14, 2007, Newfield Exploration Company issued a press release announcing the signing of an agreement to acquire Stone Energy Corporation’s Rocky Mountain assets for $575 million and its approval of a significant asset divestiture program. A copy of the press release is furnished herewith as Exhibit 99.1.
 
Item 9.01   Financial Statements and Exhibits

(d)
Exhibits
  
     
 
99.1
Press release issued by Newfield Exploration Company on May 14, 2007.

 
 

 
 
2

SIGNATURES


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 hereunto duly authorized.

 
NEWFIELD EXPLORATION COMPANY
     
     
     
Date:   May 14, 2007
By:
/s/ TERRY W. RATHERT
   
Terry W. Rathert
   
Senior Vice President and Chief Financial Officer
 
 
 
 
 
 
3

 
Exhibit Index


Exhibit No.
  
Description
     
99.1