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EOG Resources Declares Quarterly Dividends

HOUSTON, Sept. 6 /PRNewswire-FirstCall/ -- The Board of Directors of EOG Resources, Inc. (NYSE: EOG) (EOG) has declared its regular quarterly dividend of $0.09 per share on the common stock of the company, payable October 31, 2007, to shareholders of record as of October 17, 2007. The indicated annual rate is $0.36.

The EOG Board of Directors has also declared a dividend of $17.9875 per share on the Series B Preferred Stock, payable September 14, 2007 to shareholders of record as of September 7, 2007.

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."

SOURCE EOG Resources, Inc.

Contact: Investors, Maire A. Baldwin, +1-713-651-6EOG (+1-713-651-6364), or Media and Investors, Elizabeth M. Ivers, +1-713-651-7132, both for EOG Resources, Inc.