HOUSTON, May 3, 2012 /PRNewswire/ -- The Board of Directors of EOG Resources, Inc. (NYSE: EOG) (EOG) has declared a dividend of $0.17 per share on EOG's Common Stock, payable July 31, 2012, to stockholders of record as of July 17, 2012. The indicated annual rate is $0.68.
EOG also announced the appointment of Michael P. Donaldson as Vice President, General Counsel and Corporate Secretary, effective May 3, 2012. He succeeds Frederick J. "Rick" Plaeger, II, who will begin his transition toward retirement. Mr. Plaeger will continue in the role of Vice President, Government Relations with EOG.
Mr. Donaldson previously served as EOG's Deputy General Counsel and Corporate Secretary. He holds a B.A. degree in Public Administration and Political Science from Miami University (Ohio), a J.D. degree from the South Texas College of Law and an LL.M. degree in Energy, Natural Resources and Environmental Law from the University of Houston Law Center. Mr. Donaldson has more than 20 years of oil and gas related legal experience. He joined EOG in September 2007.
"We appreciate Rick's leadership and contributions to EOG and are pleased to have a strong successor with Michael's experience and abilities," said Mark G. Papa, Chairman and Chief Executive Officer.
EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol "EOG."
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