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EOG Resources, Inc. Declares Quarterly Dividends
PRNewswire-FirstCall
HOUSTON

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FOR IMMEDIATE RELEASE: Tuesday, May 3, 2005

The Board of Directors of EOG Resources, Inc. (EOG) has declared its regular quarterly dividend of $.04 per share on the common stock of the company, payable July 29, 2005, to shareholders of record as of July 15, 2005. The indicated annual rate is $0.16.

The Board of Directors of EOG Resources, Inc. (EOG) declared a dividend of $17.9875 per share on the Series B Preferred Stock of the company, payable June 15, 2005 to shareholders of record as of June 8, 2005.

EOG Resources, Inc. is one of the largest independent (non-integrated) oil and natural gas companies in the United States with proved reserves in the United States, Canada, offshore Trinidad and the United Kingdom North Sea. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol "EOG".

For Further Information Contact:
Investors 
Maire A. Baldwin
(713) 651-6EOG (651-6364)

Media and Investors 
Elizabeth M. Ivers
(713) 651-7132

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