EXHIBIT 99A
NEWS RELEASE
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FOR IMMEDIATE RELEASE CONTACT:
December 21, 1999 Barbara B. Forbes
Director of Investor Relations
713-374-4870
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NUEVO ENERGY COMPANY ANNOUNCES
EXPIRATION OF ITS $257,310,000
EXCHANGE OFFER
HOUSTON, December 21 Nuevo Energy Company (NYSE: NEV)
announced today the expiration of its offer to exchange its 9 1/2%
Senior Subordinated Notes due 2008, Series B, that have been
registered under the Securities Act of 1933 for any and all
outstanding 9 1/2% Senior Subordinated Notes due 2008, Series A. The
exchange offer expired at 5:00 p.m., New York City time, on December
20, 1999.
Nuevo Energy Company is a Houston, Texas-based company
primarily engaged in the exploration for, and the acquisition,
exploitation, development and production of crude oil and natural gas.
Nuevo's principal domestic properties are located onshore and offshore
California. Nuevo is the largest independent producer of oil and gas
in California. The Company's international properties are located
offshore the Republics of Congo and Ghana in West Africa and onshore
the Republic of Tunisia in North Africa. To learn more about Nuevo,
please refer to the Company's internet site at
http://www.nuevoenergy.com.