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EOG Resources Declares Quarterly Dividend on Common Stock

HOUSTON, May 9 /PRNewswire-FirstCall/ -- The Board of Directors of EOG Resources, Inc. (NYSE: EOG) (EOG) has declared a dividend of $0.12 per share on EOG's Common Stock, payable July 31, 2008 to stockholders of record as of July 17, 2008. The indicated annual rate is $0.48.

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, (651-6364), or Media and Investors, Elizabeth M. Ivers, +1-713-651-7132, both of EOG Resources, Inc.