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EOG Resources, Inc. Declares Regular Quarterly Dividend

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FOR IMMEDIATE RELEASE: Thursday, December 09, 1999

HOUSTON – The Board of Directors of EOG Resources, Inc. has declared its regular quarterly dividend of $.03 per share on the common stock of the company, payable January 31, 2000, to shareholders of record as of January 14, 2000. The indicated annual rate is $.12.

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. EOG common stock is listed on the New York Stock Exchange and is traded under the ticker symbol, "EOG."

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