EX-99.1 2 ex99_1.htm EXHIBIT 99.1 PRESS RELEASE 06-01 Exhibit 99.1 Press Release 06-01
Exhibit 99.1

[XTO Logo Here]
 
NEWS RELEASE
For Immediate Release

Number: 06-01


XTO ENERGY UPDATES NATURAL GAS AND OIL HEDGES FOR 2006

FORT WORTH, TX (January 3, 2006) - XTO Energy Inc. (NYSE-XTO) announced today the addition of price hedges for future sales of natural gas production in 2006. The increased hedge volumes for natural gas include 100 million cubic feet per day (Mmcf/d) at a NYMEX price of $15.56 per Mcf for the first quarter.  The following table details the Company’s updated commodity swap transactions:
 
Mcf or Bbls
per Day
 
NYMEX Price
per Mcf or Bbls
PRODUCTION:
      
    Natural Gas      
    Jan-Mar 2006
300,000
 
$    14.58
       
    Jan-Dec 2006 
260,000
 
$    11.06
 
 
 
    Oil      
    Jan-Dec 2006
 15,000
 
$    59.53
 
XTO Energy Inc. is a domestic energy producer engaged in the acquisition, development and discovery of quality, long-lived oil and natural gas properties in the United States. Its properties are concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah and Louisiana.
     
(more)
Page 2
XTO Energy Updates Natural Gas and Oil Hedges for 2006
 
 
 
Contacts:
Louis G. Baldwin
Executive Vice President &
Chief Financial Officer
XTO Energy, Inc.
817/870-2800
Gary D. Simpson
Senior Vice President
Investor Relations & Finance
XTO Energy Inc.
817/870-2800
 
This release can be found at http://www.xtoenergy.com.