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EOG Resources, Inc. Declares Regular Quarterly Dividend

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FOR IMMEDIATE RELEASE: Tuesday, September 07, 1999

HOUSTON – The Board of Directors of EOG Resources, Inc. announced today the declaration of its regular quarterly dividend of $.03 per share on the common stock of the company, payable October 29, 1999, to shareholders of record as of October 15, 1999. The indicated annual rate is $.12.

The company also confirmed that effective August 31, 1999 it will do business as EOG Resources, Inc. and continue to be listed on the New York Stock Exchange under the ticker symbol “EOG.”

EOG Resources, Inc., formerly Enron Oil & Gas Company, is among the largest independent (non-integrated) oil and gas companies in the United States, with operations and substantial reserves in the U.S., Canada and Trinidad.

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