AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 13, 2002
REGISTRATION NO. 333-
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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NEWFIELD EXPLORATION COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 72-1133047
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification Number)
363 N. SAM HOUSTON PARKWAY E., SUITE 2020
HOUSTON, TEXAS 77060
(Address of principal executive offices, including zip code)
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NEWFIELD EXPLORATION AUSTRALIA EMPLOYEE SHARE PLAN
(Full title of the plans)
TERRY W. RATHERT
VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
NEWFIELD EXPLORATION COMPANY
363 N. SAM HOUSTON PKWY E., SUITE 2020
HOUSTON, TEXAS 77060
(Name and address of agent for service)
(281) 847-6000
(Telephone number, including area code, of agent for service)
Copies to:
James H. Wilson
Vinson & Elkins L.L.P.
2300 First City Tower, 1001 Fannin
Houston, Texas 77002-6760
(713) 758-2222
CALCULATION OF REGISTRATION FEE
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PROPOSED MAXIMUM PROPOSED MAXIMUM AMOUNT OF
TITLE OF SECURITIES AMOUNT TO BE OFFERING PRICE AGGREGATE OFFERING REGISTRATION
TO BE REGISTERED REGISTERED PER SHARE* PRICE* FEE
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Common Stock (including attached
preferred share purchase rights) 400,000 shares $33.40 $13,360,000 $1,229.11
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* Estimated, solely for the purposes of calculating the registration fee, in
accordance with Rule 457(h) under the Securities Act of 1933 on the basis of
the price of securities of the same class, as determined in accordance with
Rule 457(c), using the average of the high and low sales prices as reported
by New York Stock Exchange for the common stock on February 8, 2002.
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EXPLANATORY NOTE
This registration statement is being filed for the purpose of registering the
offer and sale from time to time of up to 400,000 previously issued shares of
the registrant's common stock to participants in the Newfield Exploration
Australia Employee Share Plan. The documents containing the information
specified in Part I of Form S-8 will be sent or given to participants as
specified by Rule 428(b)(1) of the Securities Act. Such documents need not be
filed with the SEC either as a part of this registration statement or as part of
prospectuses or prospectus supplements pursuant to Rule 424. These documents and
the documents incorporated herein by reference pursuant to Item 3 of Part II of
this registration statement, taken together, constitute a prospectus that meets
the requirements of Section 10(a) of the Securities Act.
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PART II
INFORMATION REQUIRED IN THIS REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents filed by the registrant (File No. 1-125341) with the
SEC pursuant to Section 12 or 15(d) of the Securities Exchange Act are
incorporated by reference and made a part of this registration statement:
o Annual Report on Form 10-K for the year ended December 31, 2000;
o Quarterly Reports on Form 10-Q for the quarterly periods ended March
31, 2001; June 30, 2001; and September 30, 2001 and amended Quarterly
Report on Form 10-Q/A for the quarterly period ended September 30, 2001
filed on November 2, 2001;
o Current Reports on Form 8-K filed on January 8, 2001; February 7, 2001;
February 16, 2001; February 28, 2001; May 17, 2001; October 4, 2001;
October 9, 2001; and February 8, 2002 and amended Current Report on
Form 8-K filed on February 13, 2001;
o the description of the registrant's common stock contained in the Form
8-A Registration Statement filed on November 4, 1993; and
o the description of the registrant's preferred share purchase rights
contained in the Form 8-A Registration Statement filed on February 18,
1999.
All documents filed by the registrant pursuant to Sections 13(a), 13(c), 14
and 15(d) of the Exchange Act subsequent to the effective date of this
registration statement, will be deemed to be incorporated by reference herein
and to be a part of this document from the date of filing of such documents
until all of the securities offered pursuant to this registration statement are
sold or the offering pursuant to this registration statement is terminated. Any
statement contained herein or in any document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this registration statement to the extent that a statement
contained in any other subsequently filed document that also is or is deemed to
be incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed to constitute a
part of this registration statement, except as so modified or superseded.
The consolidated financial statements incorporated in this registration
statement by reference to the registrant's Current Report on Form 8-K filed with
the SEC on October 5, 2001 have been so incorporated in reliance on the report
of PricewaterhouseCoopers LLP, independent accountants, given on the authority
of that firm as experts in accounting and auditing.
The consolidated financial statements of Lariat Petroleum, Inc. as of
December 31, 1999 and 2000, and for the years then ended, incorporated by
reference in this registration statement, have been audited by Arthur Andersen
LLP, independent public accountants, as indicated in their reports with respect
thereto, and are included herein in reliance upon the authority of that firm as
experts in accounting and auditing in giving such reports.
ITEM 4. DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
None.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Section 145 of the General Corporation Law of the State of Delaware (the
"DGCL") authorizes a corporation, under certain circumstances, to indemnify any
person who was or is a party or is threatened to be made a party to
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any threatened, pending or completed action, suit or proceeding, whether civil,
criminal, administrative or investigative (other than an action by or in the
right of the corporation), by reason of the fact that the person is or was an
officer or director of such corporation, or is or was serving at the request of
that corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or other enterprise, against
expenses (including attorneys' fees), judgments, fines and amounts paid in
settlement actually and reasonably incurred by such person in connection with
such action, suit or proceeding, if he acted in good faith and in a manner he
reasonably believed to be in or not opposed to the best interests of the
corporation. With respect to any criminal action or proceeding, such
indemnification is available if he had no reasonable cause to believe his
conduct was unlawful.
Article Seventh of the registrant's Second Restated Certificate of
Incorporation, as amended (the "Certificate of Incorporation"), together with
Article VI of the registrant's Restated Bylaws, as amended (the "Bylaws"),
provide for indemnification of each person who is or was made a party to any
actual or threatened civil, criminal, administrative or investigative action,
suit or proceeding because such person is, was or has agreed to become an
officer or director of the registrant or is a person who is or was serving or
has agreed to serve at the request of the registrant as a director, officer,
partner, venturer, proprietor, trustee, employee, agent or similar functionary
of another corporation or of a partnership, joint venture, sole proprietorship,
trust, employee benefit plan or other enterprise to the fullest extent permitted
by the DGCL as it existed at the time the indemnification provisions of the
Certificate of Incorporation and Bylaws were adopted or as may be thereafter
amended. Article VI expressly provides that it is not the exclusive method of
indemnification.
Section 145 of the DGCL also empowers a corporation to purchase and maintain
insurance on behalf of any person who is or was an officer or director of such
corporation against liability asserted against or incurred by him in any such
capacity, whether or not such corporation would have the power to indemnify such
officer or director against such liability under the provisions of Section 145.
Article Seventh of the Certificate of Incorporation and Article VI of the
Bylaws also provide that the registrant may maintain insurance, at the
registrant's expense, to protect the registrant and any director, officer,
employee or agent of the registrant or of another entity against any expense,
liability, or loss, regardless of whether the registrant would have the power to
indemnify such person against such expense, liability or loss under the DGCL.
Section 102(b)(7) of the DGCL provides that a certificate of incorporation
may contain a provision eliminating or limiting the personal liability of a
director to the corporation or its stockholders for monetary damages for breach
of fiduciary duty as a director, provided that such provision shall not
eliminate or limit the liability of a director (a) for any breach of the
director's duty of loyalty to the corporation or its stockholders, (b) for acts
or omissions not in good faith or which involve intentional misconduct or a
knowing violation of law, (c) under Section 174 of the DGCL (relating to
liability for unauthorized acquisitions or redemptions of, or dividends on,
capital stock) or (d) for any transaction from which the director derived
improper personal benefit. Article Seventh of the Certificate of Incorporation
contains such a provision.
Howard H. Newman, a director of the registrant and a Managing Director
and a member of E.M. Warburg, Pincus & Co., LLC and a general partner of
Warburg, Pincus & Co., is indemnified by affiliates of E.M. Warburg, Pincus &
Co., LLC and Warburg, Pincus & Co. against certain liabilities that he may
incur as a result of his serving as a director of the registrant.
Thomas G. Ricks, a director of the registrant, served as President and
Chief Executive Officer of the University of Texas Investment Management Company
("UTIMCO") until April 24, 2001. Mr. Ricks is indemnified by UTIMCO against
certain liabilities that he may incur as a result of his serving as a director
of the registrant while he was employed by UTIMCO.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable
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ITEM 8. EXHIBITS.
Unless otherwise indicated below as being incorporated by reference to
another filing of the registrant with the SEC, each of the following exhibits is
filed herewith:
4.1.1 Second Restated Certificate of Incorporation of the registrant
(incorporated by reference to Exhibit 3.1 to the registrant's Annual
Report on Form 10-K for the year ended December 31, 1999 (File No.
1-125341))
4.1.2 Certificate of Amendment to Second Restated Certificate of
Incorporation of the registrant dated May 15, 1997 (incorporated by
reference to Exhibit 3.1.1 to the registrant's Registration
Statement on Form S-3 (Registration No. 333-32582))
4.1.3 Certificate of Designation of Series A Junior Participating
Preferred Stock (incorporated by reference to Exhibit 3.5 to the
registrant's Annual Report on Form 10-K for the year ended December
31, 1998 (File No. 1-125341))
4.2 Restated Bylaws of the registrant as amended by Amendment No. 1
thereto adopted January 1, 2000 (incorporated by reference to
Exhibit 3.3 to the registrant's Annual Report on Form-10-K for the
year ended December 31, 1999 (File No. 1-125341))
4.3 Rights Agreement, dated as of February 12, 1999, between the
registrant and ChaseMellon Shareholder Services L.L.C. as Rights
Agent, specifying the terms of the Rights to Purchase Series A
Junior Participating Preferred Stock of the registrant (incorporated
by reference to Exhibit 1 to the registrant's Registration Statement
on Form 8-A filed with the SEC on February 18, 1999 (File No.
1-125341))
23.1 Consent of PricewaterhouseCoopers LLP
23.2 Consent of Arthur Andersen LLP
24.1 Powers of Attorney (included on the signature pages to this
registration statement)
UNDERTAKINGS
The undersigned registrant hereby undertakes:
(a) to file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
(i) to include any prospectus required by Section 10(a)(3) of the
Securities Act;
(ii) to reflect in the prospectus any facts or events arising after the
effective date of this registration statement (or the most recent
post-effective amendment hereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in this
registration statement; and
(iii) to include any material information with respect to the plan of
distribution not previously disclosed in this registration statement or
any material change to such information in this registration statement;
provided, however, that paragraphs (a)(i) and (a)(ii) do not apply if the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed by the registrant pursuant
to Section 13 or Section 15(d) of the Exchange Act that are incorporated by
reference in this registration statement;
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(b) that, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a
new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof;
(c) to remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering;
(d) that, for the purposes of determining any liability under the
Securities Act, each filing of the registrant's annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable,
each filing of an employee benefit plan's annual report pursuant to Section
15(d) of the Exchange Act) that is incorporated by reference in this
registration statement shall be deemed to be a new registration statement
relating to the securities offered herein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof; and
(e) insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the SEC such
indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. If a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or
paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel
the matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed
by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Houston, State of Texas, on the 13th day of February,
2002.
By: /s/ TERRY W. RATHERT
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Terry W. Rathert
Vice President and Chief
Financial Officer
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Terry W. Rathert, Brian L. Rickmers and C.
William Austin, or any of them, his true and lawful attorney-in-fact and agent,
with full power of substitution, for him and in his name, place and stead, in
any and all capacities, to sign any and all amendments (including post-effective
amendments) to this Form S-8 Registration Statement, and to file the same with
all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorney-in-fact and
agent full power and authority to do and perform each and every act and thing
requisite and ratifying and confirming all that said attorney-in-fact and agent
or his substitute or substitutes may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933, this registration
statement has been signed by the following persons in the capacities indicated
on the 13th day of February, 2002.
SIGNATURE TITLE
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/s/ David A. Trice President and Chief Executive Officer
------------------------------------ and Director
David A. Trice (Principal Executive Officer)
/s/ Terry W. Rathert Vice President and Chief Financial
------------------------------------ Officer
Terry W. Rathert (Principal Financial Officer)
/s/ Brian L. Rickmers Controller
------------------------------------ (Principal Accounting Officer)
Brian L. Rickmers
/s/ Joe B. Foster Director
------------------------------------
Joe B. Foster
/s/ Philip J. Burguieres Director
------------------------------------
Philip J. Burguieres
/s/ Charles W. Duncan Director
------------------------------------
Charles W. Duncan
/s/ Claire S. Farley Director
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Claire S. Farley
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/s/ Randy A. Foutch Director
------------------------------------
Randy A. Foutch
/s/ Dennis R. Hendrix Director
------------------------------------
Dennis R. Hendrix
/s/ Terry Huffington Director
------------------------------------
Terry Huffington
Director
------------------------------------
Howard H. Newman
/s/ Thomas G. Ricks Director
------------------------------------
Thomas G. Ricks
/s/ C.E. Shultz Director
------------------------------------
C.E. Shultz
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INDEX TO EXHIBITS
4.1.1 Second Restated Certificate of Incorporation of the registrant
(incorporated by reference to Exhibit 3.1 to the registrant's Annual
Report on Form 10-K for the year ended December 31, 1999 (File No.
1-125341))
4.1.2 Certificate of Amendment to Second Restated Certificate of
Incorporation of the registrant dated May 15, 1997 (incorporated by
reference to Exhibit 3.1.1 to the registrant's Registration
Statement on Form S-3 (Registration No. 333-32582))
4.1.3 Certificate of Designation of Series A Junior Participating
Preferred Stock (incorporated by reference to Exhibit 3.5 to the
registrant's Annual Report on Form 10-K for the year ended December
31, 1998 (File No. 1-125341))
4.2 Restated Bylaws of the registrant as amended by Amendment No. 1
thereto adopted January 1, 2000 (incorporated by reference to
Exhibit 3.3 to the registrant's Annual Report on Form-10-K for the
year ended December 31, 1999 (File No. 1-125341))
4.3 Rights Agreement, dated as of February 12, 1999, between the
registrant and ChaseMellon Shareholder Services L.L.C. as Rights
Agent, specifying the terms of the Rights to Purchase Series A
Junior Participating Preferred Stock of the registrant (incorporated
by reference to Exhibit 1 to the registrant's Registration Statement
on Form 8-A filed with the SEC on February 18, 1999 (File No.
1-125341))
23.1 Consent of PricewaterhouseCoopers LLP
23.2 Consent of Arthur Andersen LLP
24.1 Powers of Attorney (included on the signature pages to this
registration statement)