EOG Resources Declares Quarterly Dividends

The Board of Directors of EOG Resources, Inc. (NYSE: EOG) has declared its regular quarterly dividend of $.04 per share on the common stock of the company, payable January 31, 2006, to shareholders of record as of January 17, 2006. The indicated annual rate is $0.16.

The EOG Board of Directors has also declared a dividend of $17.9875 per share on the Series B Preferred Stock of the company, payable December 15, 2005 to shareholders of record as of December 8, 2005.

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