Financial Astrology of EOG Resources, Inc.

FINANCIAL ASTROLOGY

First Trade Date for EOG Resources, Inc.

Company Name	First Trade Date (yyyy-mm-dd)
EOG Resources, Inc.	1989-01-04

Company Name	Symbol
EOG Resources, Inc.	EOG
History and Business of Company (this information may include date of incorporation)
EOG Resources, Inc. (EOG), a Delaware corporation organized in 1985, together with its subsidiaries, explores for, develops, produces and markets natural gas and crude oil primarily in major producing basins in the United States of America, as well as in Canada and Trinidad and, to a lesser extent, selected other international areas, including the United Kingdom North Sea. EOG's principal producing areas are further described under "Exploration and Production" below. EOG's website address is http://www.eogresources.com. EOG's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and all amendments to those reports are made available, free of charge, through its website as soon as reasonably practicable after such reports have been filed with or furnished to the Securities and Exchange Commission (SEC). At December 31, 2003, EOG's total estimated net proved reserves were 5,216 billion cubic feet equivalent (Bcfe), of which estimated net proved natural gas reserves were 4,645 billion cubic feet (Bcf) and estimated net proved crude oil, condensate and natural gas liquids reserves were 95 million barrels (MMBbl) (see "Supplemental Information to Consolidated Financial Statements" beginning on page 42 of EOG's Current Report on Form 8-K filed with the SEC on February 24, 2004, which included financial statements of EOG for the fiscal year ended December 31, 2003 and is attached hereto as Exhibit 99.1 (Form 8-K filed on February 24, 2004)). At such date, approximately 49% of EOG's reserves (on a natural gas equivalent basis) were located in the United States, 27% in Trinidad, 23% in Canada and 1% in the United Kingdom North Sea. As of December 31, 2003, EOG employed approximately 1,100 persons, including foreign national employees. EOG's business strategy is to maximize the rate of return on investment of capital by controlling all operating and capital costs. This strategy is intended to enhance the generation of cash flow and earnings from each unit of production on a cost-effective basis. EOG focuses its drilling activity toward natural gas deliverability in addition to natural gas reserve replacement and to a lesser extent crude oil exploitation and exploration. EOG focuses on the cost-effective utilization of advances in technology associated with the gathering, processing and interpretation of three-dimensional seismic data, the development of reservoir simulation models, the use of new and/or improved drill bits, mud motors and mud additives, and formation logging techniques and reservoir fracturing methods. These advanced technologies are used, as appropriate, throughout EOG to reduce the risks associated with all aspects of oil and gas reserve exploration, exploitation and development. EOG implements its strategy by emphasizing the drilling of internally generated prospects in order to find and develop low cost reserves. EOG also makes select tactical acquisitions that result in additional economies of scale or land positions with significant additional prospects. Maintaining the lowest possible operating cost structure that is consistent with prudent and safe operations is also an important goal in the implementation of EOG's strategy. With respect to information on EOG's working interest in wells or acreage, "net" oil and gas wells or acreage are determined by multiplying "gross" oil and gas wells or acreage by EOG's working interest in the wells or acreage.

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