SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): March 26, 2002 NEWFIELD EXPLORATION COMPANY (Exact Name of registrant as Specified in Its Charter) Delaware 1-12534 72-1133047 (State or Other Jurisdiction (Commission File (I.R.S. Employer of Incorporation) Number) Identification No.) 363 N. Sam Houston Parkway E., Suite 2020 Houston, Texas (Address of Principal Executive Offices) 77060 (Zip Code) Registrant's Telephone Number, Including Area Code: (281) 847-6000 Item 5. Other Events On March 26, 2002, Newfield Exploration Company (the "Company") entered into a Sales Agency Agreement (the "Agreement") with UBS Warburg LLC (the "Agent"). In accordance with the terms of the Agreement, the Company may offer and sell up to 2,500,000 shares of its common stock from time to time through the Agent. Sales of the shares, if any, will be made by means of ordinary brokers' transactions on the New York Stock Exchange. No more than 1,500,000 shares of common stock will be issued and sold under the Agreement in any consecutive 12-month period. The Agent will be entitled to a commission equal to 3.0% of the gross sales price per share for the first 1,000,000 shares sold under the Agreement and 2.5% of the gross sales price per share for the next 1,500,000 shares sold under the Agreement. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. 1.1 Sales Agency Agreement dated March 26, 2002 between Newfield Exploration Company and UBS Warburg LLC SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEWFIELD EXPLORATION COMPANY By: /s/ TERRY W. RATHERT ------------------------------------------- Terry W. Rathert Vice President and Chief Financial Officer Dated: March 26, 2002 EXHIBIT INDEX Exhibit No. Description ----------- ----------- 1.1 Sales Agency Agreement dated March 26, 2002 between Newfield Exploration Company and UBS Warburg LLC