UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 7, 2016 (June 30, 2016)
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NEWFIELD EXPLORATION COMPANY
(Exact name of registrant as specified in its charter)
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Delaware | 1-12534 | 72-1133047 |
(State or other jurisdiction | (Commission File Number) | (I.R.S. Employer |
of incorporation) | Identification No.) | |
4 Waterway Square Place, Suite 100
The Woodlands, Texas 77380
(Address of principal executive offices)
Registrant’s telephone number, including area code: (281) 210-5100
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)) |
Item 2.01 Completion of Acquisition or Disposition of Assets
On June 30, 2016, Newfield Exploration Company completed the previously announced acquisition (the “Acquisition”) of producing oil and gas properties and undeveloped acreage in the Anadarko Basin STACK play of Oklahoma from a subsidiary of Chesapeake Energy Corporation for a cash purchase price of approximately $470 million dollars, including escrowed funds, and a post-effective date capital reimbursement of approximately $21 million, among other purchase price adjustments. The purchase price is also subject to customary post-closing adjustments. The Acquisition was financed through cash on hand.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NEWFIELD EXPLORATION COMPANY | ||
Date: July 7, 2016 | By: | /s/ Timothy D. Yang |
Timothy D. Yang | ||
General Counsel and Corporate Secretary | ||
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