EXHIBIT 99.1 EEX CORPORATION PROXY FOR SPECIAL MEETING OF STOCKHOLDERS -- ____________ __, 2002 THIS PROXY IS SOLICITED ON BEHALF OF THE EEX CORPORATION BOARD OF DIRECTORS The undersigned hereby appoints Thomas M Hamilton and Richard L. Edmonson, and each of them, as the lawful agents and proxies for the undersigned (with all the powers the undersigned would possess if personally present, including full power of substitution), and hereby authorizes them to represent and to vote, as designated below, all the shares of EEX Corporation Common Stock held of record by the undersigned on _________ ___, 2002 and which the undersigned may be entitled to vote at the Special Meeting of Stockholders of EEX Corporation to be held in Houston, Texas, on ___________ __, 2002, at ____ a.m., local time, or at any adjournment(s) or postponement(s) thereof, upon the matters set forth on the reverse side and described in the accompanying Proxy Statement/Prospectus and upon such other business as may properly come before the meeting or any adjournment(s) or postponement(s) thereof. PLEASE MARK THIS PROXY AS INDICATED ON THE REVERSE SIDE TO VOTE ON ANY ITEM. THIS PROXY WHEN PROPERLY EXECUTED WILL BE VOTED IN THE MANNER DIRECTED ON THE REVERSE SIDE, OR IF NO SUCH DIRECTION IS INDICATED ON THE REVERSE SIDE, IN ACCORDANCE WITH THE RECOMMENDATION OF THE BOARD OF DIRECTORS ON EACH PROPOSAL. (CONTINUED, AND TO BE MARKED, DATED AND SIGNED, ON OTHER SIDE) - -------------------------------------------------------------------------------- FOLD AND DETACH HERE EEX CORPORATION PLEASE MARK YOUR VOTE IN BRACKETS IN THE FOLLOWING MANNER USING DARK INK ONLY. [x] ITEM 1. TO APPROVE THE AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER, DATED AS OF MAY 29, 2002, BY AND AMONG NEWFIELD EXPLORATION COMPANY, NEWFIELD OPERATING COMPANY AND EEX CORPORATION, AS AMENDED BY THE SECOND AMENDATORY AGREEMENT, DATED AS OF AUGUST 20, 2002, BY AND AMONG NEWFIELD EXPLORATION COMPANY, NEWFIELD OPERATING COMPANY AND EEX CORPORATION, AND THE TRANSACTIONS CONTEMPLATED THEREBY. For Against Abstain [ ] [ ] [ ] This proxy when properly executed will be voted in the manner directed herein by the undersigned stockholder. If no direction is made, this proxy will be voted "FOR" Item 1. THE BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE "FOR" ITEM 1. NOTE: Please sign exactly as name appears below. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee or guardian, please give full title as such. If a corporation, please sign in full corporate name by President or other authorized officer. If a partnership, please sign in partnership name by authorized person. Signature: ------------------------------- Date: , 2002 ------------------------------ - -------------------------------------------------------------------------------- FOLD AND DETACH HERE